S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls

Economy Tags: Debt, Markets, NPLs, Ratings, Reforms
Photo by Panayiotos Tzamaros
Photo by Panayiotos Tzamaros

S&P raised on Friday its credit rating for Greece by one notch, taking it to ‘BB-’, and kept its positive outlook for the country.

Now S&P and Fitch are on a par, while Moody’s has Greece one grade lower. This means Greece is three notches away from investment grade for the two leading agencies.

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