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Finance Ministry grapples with escalating cost of pandemic
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Pandemic drove 28.4 bln of bank loans into moratorium last year
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Fitch keeps Greece at 'BB' rating as risks remain on horizon
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PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
S&P keeps rating at 'B+' and highlights obstacles to competitiveness
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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