Greece

Rating agency Standard and Poor's upgraded on Friday evening Greece's sovereign credit rating by one notch, from B+ to BB-. The agency noted that the decision of the government in August to lift the remaining capital controls was implemented without...

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...

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...

Standard & Poor's rating agency (S & P) upgraded the Greek credit outlook to positive from stable on Friday. "On July 21, 2017, S&P Global Ratings revised the outlook on the Hellenic Republic (Greece) to positive from stable. We affirmed the...

Ratings agency Standard and Poor's upgraded Greece's credit rating on Tuesday from CCC- to CCC+. Though CCC+ is still a "junk" rating, Standard and Poor's said that following the agreement reached with international creditors, Greece's chance of exiting the Eurozone by 2018 are less than 50%...

The Standard & Poor’s rating agency is expected to issue a positive report on Greece's progress by Friday March 21. It is rumored that the report will praise the fiscal consolidation and improvement of competition in the Greek economy....

Greece had its credit rating raised by Standard & Poor’s after a debt buyback as the ratings company cited the “strong determination” of euro-area governments to keep the nation in the currency zone. The grade was lifted from selective default...

Standard & Poor warned Greece it could receive a lower credit rating.  This stems from a possible European Union treaty that would change the seniority of private-sector creditors, according to the agency’s latest press release. S&P said it placed Greece’s “BB+”...

Greece's economy has slowly but steadily entered the zone of seeing its solvency being upgraded by major global credit rating agencies, after several years of a financial meltdown and harsh conditions. Following the recent upgrades of its solvency and its...

Fitch Ratings retained Greece’s credit rating at ‘BB-‘ and its outlook at “stable” on Friday, a few weeks after the latest Greek foray in the money markets with a seven-year bond. Last February Fitch had also kept Greece’s rating at...

Expectations for the upgrading of Greece by Standard & Poor's (S & P) were not confirmed, as the rating agency kept Greece at a B+ rating. Although, the Greek market and the investment community anticipated an upgrading, S & P...

Standard & Poor's have announced the upgrade of National Bank of Greece's three-year covered bonds worth €750 million ($881 million) to the BBB- credit rating, four notches above the country's credit rating. According to economic analysts, this rating covers not...

Greeks are at the lowest levels in the EU in regards to gross domestic product (GDP) per capita and purchasing power standard (PPS), according to Eurostat. The 2016 figures from the European statistical authority also show that Epirus and Thrace...

Standard & Poor's Global Ratings on Friday upgraded Greece’s long-term sovereign credit rating by one notch to B from B- leaving it below investment grade but with a positive outlook. The country’s long-term foreign currency debt was upgraded to B...

The rescue plan for Greece as agreed in the June 15 Eurogroup is doomed to fail because it is a "fiscal straitjaclet," according to a Peterson Institute for International Economics analysis. The report doubts that a 2% primary surplus for...