Fitch upgrades Greek rating to 'BB-', three notches from investment grade

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Fitch upgrades Greek rating to 'BB-', three notches from investment grade

Economy 11/08/2018 - 10:54 Tags: Ratings

Fitch on Friday raised its credit rating for Greece by two notches to ‘BB-’ from ‘B’, while the outlook was updated to stable from positive.

Fitch is now ahead in Greece’s credit score compared to the other leading rating agencies. Following the upgrade in June, S&P is at ‘B+’ with the outlook upped to positive in July, while Moody’s is at ‘B3’, which is the equivalent of ‘B-‘ and is now wel...

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