Search
-
S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyof all remaining capital controls. The rating agency also sees as a trigger for an upgrade...Standard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also maintaining its positive outlook. S&P was the first rating agency to upgrade Greece following the Eurogroup
75% -
Moody's downgrades Greece's rating by one notch to Caa3
EconomyFollowing S&P and Fitch, Moody’s downgraded on Wednesday Greece’s government bond rating by one notch to Caa3 from Caa2, while rating is on review for further downgrade. The key driver that triggered... lenders. However, the rating agency points out that even such an agreement is reached it will face
71% -
Rating agencies concur in improved prospects for Greece
Economybecame the catalyst for the three main rating agencies to update their ratings, or the outlook..., upping the rating by one notch to ‘Caa2’ with an improved outlook from stable to positive. This was followed by S&P roughly a month later, when in its scheduled review at the end of July it kept its rating
71% -
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
EconomyIn an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform.... The rating agency assesses that Greece broadly complies with the conditionality of the third... taxes. The rating agency sees GDP contraction of 0.3 percent in 2015, despite a nosedive
67% -
Fitch leaves rating at 'BBB' and outlook unchanged, sees strong fiscal performance
EconomyMacroeconomyFitch reaffirmed on Friday Greece’s rating at ‘BBB’ with a stable outlook, citing stronger fiscal... that the country still faces structural vulnerabilities stemming from the debt crisis. The rating... revenues from improved tax collection and tight expenditure control. Although the agency expects
67% -
Thinking outside of the box
Agorathe government of the time and local businessmen could engage in the exchange of favours, often involving... been one of the fundamental reasons for a shocking erosion of trust in Greek TV stations. According... and Television (ESR), led to State Minister Nikos Pappas taking control of the procedure
64% -
Moody's upgrades Greek rating by two notches to Caa1 - here's why
EconomyMoody’s upgraded Greece’s government bond rating by two notches on Friday, raising it to Caa1 from Caa3, where it had been placed on November 29, 2013. The outlook on the rating is stable. This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23
63% -
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
EconomyFitch on Friday raised its credit rating for Greece by two notches to ‘BB-’ from ‘B’, while... to the other leading rating agencies. Following the upgrade in June, S&P is at ‘B+’ with the outlook.... According to Fitch, further positive rating activity would be warranted if Greece continues
63% -
Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
EconomyMoody’s upgraded Greece’s credit rating by one notch to ‘Caa2’ from ‘Caa3’ on Friday evening. It also changed the outlook to positive from stable, in its scheduled credit rating review. This is the first upgrade since January 22, 2016, when S&P upped the Greek rating by one notch to ‘B-‘, which
60% -
S&P holds off on new rating upgrade, ECB holds key to investment grade
EconomyAlthough the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook. The agency had said during its latest rating
60%