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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
S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
In its regular rating cycle, S&P re-affirmed Greece’s credit score to ‘BB-‘, while it revised the outlook from positive to stable.
S&P had upgraded Greece by one notch last October, with a positive outlook. Outside of its regular rating cycle on Thursday night Fitch has also revised the outlook from positive to stable, re-affirming the rating at ‘BB’.
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