Greece

Moody's, the bond credit rating agency, upgraded Greece's credit rating on Friday, giving the country's market a boost amidst the Covid-19 pandemic. The country's rating went from a B1 to a B3, signaling the possibility of economic recovery in the...

International credit rating houses predict that Greece will go into deep recession in 2020, with the covid-19 pandemic causing a blow in the economy and a significant increase in the national debt. Tourism, Greece's main source of revenue, is already...

Standard & Poor’s (S&P) rating agency kept Greece’s credit rating at ''B+'' on Friday, following an upgrade made in July 2018, when the agency increased the country's rating by one notch. According to S&P, the outlook for the Greek economy...

Greece's credit rating remains stable at B3, but the reform agenda must be followed, the new Moody's analysis says. The international rating agency pointed out that Greece's prospects will remain positive as long as the government is committed to the...

Capital Intelligence Ratings (CI Ratings) has announced that it has upgraded Cyprus’ Long-Term Foreign Currency Sovereign Rating to BB from BB- and affirmed its Short-Term Foreign Currency Rating at B. At the same time, the Outlook for Cyprus' ratings...

Standard & Poor's (S&P) ratings agency has upgraded Greece's credit rating by one notch, from 'B' to 'B+' According to the Associated Press, S&P said Greece's debt risks are now reduced following last week's decision by the country's international creditors to...

President Recep Tayyip Erdogan lashed out at Moody's for downgrading Turkey's credit rating from Ba1 to Ba2 and accused the investors service for showing preferential treatment to Greece. The Turkish president accused Moody's for double standards and used his country's...

On Friday, Standard & Poor's raised its long-term sovereign credit rating on Greece to 'B-' from 'CCC+', with a stable outlook, citing the country's compliance with its economic program. "The upgrade reflects our assessment that the Greek government is broadly complying...

Greece's credit rating could be upgraded to B, from CCC+ after completion of a first review of the Greek economic adjustment program, disbursement of loans according to a ESM schedule and probably combined with an ECB decision to begin...

The Canadian ratings firm DBRS has upgraded Greece credit rating from “CCC” to “CC.” At the same time, the agency pulled the country out of status review and set a steady trend in all evaluations. According to DBRS, this bailout...

Standard & Poor's, one of the three biggest credit rating agencies in the world, revealed on Friday that it has kept Greece's credit rating unchanged. The firm maintained the country's CCC+ rating, this is actually a bump up from Greece's CCC rating...

The Standard & Poor's rating agency has put Greece on credit watch, citing the possibility that the policies of the country's new government might trigger a future credit rating downgrade. "The CreditWatch placement reflects our view that some of the economic and budgetary...

AP - Moody's ratings agency late Friday upgraded Greece 's government bond rating, predicting a gradual decline of its massive national debt. The agency is also citing a continued commitment by the bailed out country's conservative-led government to improve public...

The Canadian credit rating agency DBRS upgraded Greece's long-term credit rating to "B" from "CCC," while also upgrading the country's rating outlook to "stable" from "negative". According to a DBRS announcement, the upgrade comes as a result of Greece no...

Moody's Investors Service has today upgraded Greece's government bond rating to Caa3 from C. The outlook on the rating is now stable. The short term ratings remain Not Prime (NP). The upgrade reflects the combination of the following key drivers: 1.The...