Tags
Ratings
RSS-
Economy
S&P moves Greece closer to investment grade, puts focus on budget and growth S&P on Friday night upgraded Greece’s credit rating by one notch to ‘BB+’, while the outlook was revised from positive to stable. Greece is now just one notch away from securing an investment grade with S&P.
-
Economy
DBRS moves Greece a notch closer to investment grade as Moody's holds off The Greek authorities anticipated two credit rating upgrades on Friday but had to settle for one as DBRS upped the country’s rating by one notch and just one step away from investment grade. The outlook was also revised from positive to stable.
-
Economy Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks Fitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’.
-
Economy
Greek bond yields edge up as PEPP winds down The Greek authorities, as well as the markets, had hoped that Greece will continue to enjoy some sort of support from the ECB once the current asset purchase programme, PEPP, concludes in March next year but this looks unlikely.
-
Economy
S&P holds off on new rating upgrade, ECB holds key to investment grade Although 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.
-
Economy
Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility As anticipated, Fitch kept its credit rating for Greece steady at ‘BB’ with a stable outlook.
-
Economy
S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside In an unexpected move late on Friday night, S&P upgraded Greece’s rating by one notch to ‘BB’ from ‘BB-‘, while also revising upward its outlook from stable to positive.
-
Economy Fitch keeps Greece at 'BB' rating as risks remain on horizon As was broadly expected, on Friday night Fitch kept Greece’s credit rating and outlook unchanged, at ‘BB’ and stable.
-
Economy
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead In an unexpected move on Friday night, Moody’s upgraded Greece’s credit rating by one notch to ‘Ba3’ from ‘B1’, while it kept the outlook stable.
-
Economy
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020 Fitch re-affirmed Greece’s credit rating to ‘BB’ on Friday night, maintaining the stable outlook.