Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
OECD releases new outlook calling for sustained reforms post Covid-19
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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