Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
S&P holds off on new rating upgrade, ECB holds key to investment grade
Some key tasks pending as Greece edges closer to completing post-programme process
PBO highlights exceptional factors supporting recovery, cautions against complacency
Govt grabs opportunity offered by escape clause to entice voters with support package
Recovery in car sales slows to 2.7 pct in August
Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Fitch published on Thursday night a rating review for Greece outside its regular schedule in which the outlook for the country was revised from positive to stable, re-affirming the rating of ‘BB’ that it had granted in the end of January this year, two notches away from investment grade.
Fitch noted that according to EU credit rating agency regulations, the agencies are only allowed to deviate from their regular published framework in cases where they have to comply with their legal obligations and in this event there is a material chan...
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