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Economy
Fitch keeps Greece’s rating at ‘CCC’ Fitch affirmed Greece’s rating at ‘CCC’ in its scheduled rating review published on Friday evening. The rating agency’s baseline scenario is that an agreement will be reached between the Greek government and creditors.
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Economy
S&P affirms Greece’s rating, outlook remains stable S&P affirmed Greece’s ‘B-/B’ ratings in its scheduled rating review on Friday. The outlook remained stable, reflecting the rating agency’s view that the risks to its ratings are balanced over the next twelve months.
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EconomyBanking
Moody’s changes outlook for Greek banks from negative to stable In a report released on Tuesday, Moody’s upgraded Greek banks’ outlook to stable from negative on the back of improving profitability and funding, which are expected to normalise from a very weak base.
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Economy
Moody’s affirms Greece’s rating at Caa3 with stable outlook In its scheduled rating review, Moody’s affirmed Greece’s rating at ‘Caa3’ with a stable outlook.
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Economy
Fitch affirms Greece’s rating at ‘CCC’ In its scheduled review published on Friday evening, Fitch affirmed Greece’s rating at ‘CCC’. It is worth noting that S&P has the highest rating (B-) on Greece, three notches above that of Moody’s (‘Caa3’) and two notches higher than Fitch.
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Economy
S&P raises core Greek banks’ ratings, with a stable outlook Standard & Poor’s raised on Tuesday evening the four core Greek banks’ ratings to ‘CCC+/C’ from ‘SD,’ with a stable outlook, in the wake of capital controls being relaxed.
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Economy
S&P affirms Greece’s rating with stable outlook As was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable.
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Economy
S&P highlights risks for Greek banking sector Greek banks still face higher economic risks than most banking sectors globally, while the country’s economic prospects remain highly uncertain, S&P notes in its latest report on local lenders released on Wednesday evening.
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Economy
S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March In an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook.
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Economy
Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015 Fitch affirmed on Friday evening Greece’s rating at ‘CCC’, where it had been upgraded by one notch on August 18.