PBO draws attention to effects of climate crisis on public finances
Moody's ups GGB rating by two notches, on par with S&P and Fitch
Return to investment grade overshadowed by flood destruction
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
Bond re-opening with 4 pct yield completes debt strategy for year
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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