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Economy
Moody's explains cautious approach to Greek credit rating upgrade Contrary to the expectations that it might upgrade Greece’s credit rating during a scheduled update last week, Moody’s announced that it would not make any change, keeping the country at B3 and the outlook positive.
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Economy
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans Greece’s Public Debt Management Agency (PDMA) is expected to publish its issue schedule at the start of December, shortly after the budget for 2019 has been voted in Parliament.
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Economy
Fitch upgrades Greek rating to 'BB-', three notches from investment grade Fitch on Friday raised its credit rating for Greece by two notches to ‘BB-’ from ‘B’, while the outlook was updated to stable from positive.
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Economy
S&P revises outlook to positive, sees encouraging signs after debt deal Having updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating unchanged to ‘B+’ during its regular update cycle on Friday.
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EconomyBanking
S&P: Greek covered and securitised bonds rated investment grade for first time since 2011 Rating agency Standard & Poors announced on Friday that it had upgraded bonds issued by Piraeus Bank and the National Bank of Greece (NBG) to “investment grade”.
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Economy
S&P upgrades Greece to 'B+' on back of Eurogroup agreement S&P was the first credit rating agency to respond to last week’s Eurogroup agreement by raising Greece’s long-term credit rating to ‘B+’ from ‘B’ on Monday.
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EconomyProgramme
Athens and creditors place immediate focus on remaining key deliverables The drama-free announcement of the bank stress test results on Saturday cleared the way for Greece and the institutions to focus on the completion of the fourth review in the coming weeks.
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Economy
Rating agencies up Greece's scores, adding to positive outlook The latest round of rating activity for Greece by the three leading agencies left Greece with improved credit scores by all raters and sustained the positive outlook for the country’s prospects.
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Economy Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects In an unexpected move on Wednesday night, Moody’s was the latest ratings agency to upgrade Greece’s credit worthiness by two notches, to ‘B3’ from the ‘Caa2.’ maintaining the positive outlook.
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Economy
Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook.