PBO urges continued fiscal discipline amid growing instability
Rising bond yields a concern, but not an immediate fiscal problem
OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Fitch kept its credit rating for Greece unchanged at ‘BB-‘ with a stable outlook on Friday night.
Fitch upgraded Greece in August last year. Its rating is one notch ahead of the other two leading rating agencies. S&P has Greece at ‘B+’ with a positive outlook and Moody's at ‘B1’, which is the ‘B+’ equivalent, with a stable outlook.
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