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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
Moody's explains cautious approach to Greek credit rating upgrade
Contrary to the expectations that it might upgrade Greece’s credit rating during a scheduled update last week, Moody’s announced that it would not make any change, keeping the country at B3 and the outlook positive.
Moody’s closes this round of credit rating reviews for Greece, which started in the summer as the country was on route to complete its third adjustment programme.
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