Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance

Economy Tags: Debt, Markets, Ratings
Photo by MacroPolis
Photo by MacroPolis

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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