S&P keeps rating at 'B+' and highlights obstacles to competitiveness

Economy Tags: Debt, GDP, Ratings, Reforms

Standard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also maintaining its positive outlook.

S&P was the first rating agency to upgrade Greece following the Eurogroup agreement in June last year when the parameters for the debt relief were agreed but has kept the country’s credit score unchanged both in January and in the recent cycle.

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