Tag: credit rating

Greece Under Moody's Scrutiny: What Today's Rating Decision Means for the Economy

Moody’s delivers its long-awaited verdict on Greece’s credit rating today, with analysts bracing for no upgrade amid cooling growth and stubborn inflation. Fresh off DBRS’s decision to hold steady, the US agency’s review spotlights a new €1.6bn tax package hailed as “credit positive” for tackling demographic woes – from a fertility rate of just 1.3 to a projected 61% elderly dependency by 2040. Yet, as Q2 GDP dips to 1.7%, doubts linger: Can fiscal perks reverse brain drain and sustain momentum post-EU recovery funds?

Greece Remains on FTSE Russell Watch List for Potential Upgrade to Developed Market Status

Greece remains on FTSE Russell’s Watch List for a potential upgrade from “Advanced Emerging” to “Developed Market” status, with the next evaluation set for September 2025. While the country meets most key criteria, including market quality standards and high GNI per capita, its final eligibility will depend on updated market data and credit ratings later this year.

Fitch Upgrades Greece’s Major Banks, Reflecting Economic Optimism

“Fitch Ratings has upgraded Greece’s four major banks, signaling confidence in the country’s economic rebound. National Bank of Greece and Eurobank now sit at ‘BBB-’ with a stable outlook, while Alpha Bank and Piraeus Bank rise to ‘BB+’ with a positive outlook. The decision, announced on April 1, 2025, reflects Greece’s improving financial landscape and its edge over the eurozone, driven by investment growth and EU recovery funds.”

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Scope Ratings Upgrades Greece to BBB with Stable Outlook

Scope Ratings GmbH has upgraded Greece’s long-term issuer and senior unsecured debt ratings to BBB from BBB-, revising the outlook to Stable. The decision reflects a continued reduction in Greece’s government debt, improvements in banking system resilience, and enhanced macroeconomic stability through structural reforms and investments.

France Matches Greece in Borrowing Costs as French Debt Woes Deepen

For the first time in over a decade, France’s borrowing costs have matched those of Greece, highlighting growing concerns about France’s rising debt and political instability. As Prime Minister Michel Barnier’s government faces opposition over a controversial budget, bond investors are wary that the country’s fiscal challenges could worsen. Meanwhile, Greece, once seen as a debt-laden crisis state, has made significant strides in reducing its debt, making its bonds more attractive to investors compared to France.

Fitch Affirms Greece's 'BBB-' Rating; Stable Outlook Maintained

Fitch Ratings has affirmed Greece’s sovereign credit rating at ‘BBB-‘ with a stable outlook, solidifying the country’s investment-grade status. While high public debt and a wide current account deficit remain challenges, Fitch cited Greece’s income per capita, governance indicators, and EU/Eurozone membership as supporting factors. Scope Ratings and Moody’s will issue their assessments later this year and early next year, respectively

Moody's Upgrades Greece's Economic Outlook to Positive Amid Banking and Fiscal Reforms

Moody’s has upgraded Greece’s economic outlook to positive, reflecting significant improvements in the banking sector, robust fiscal performance, and successful structural reforms under Kyriakos Mitsotakis’ government. Despite challenges like high public debt, Greece’s commitment to fiscal prudence and leveraging EU investments showcases its promising growth potential.

Moody's credit rating agency.

Moody's Remains the Sole Major Rating Agency to Keep Greece Below Investment Grade

Moody’s is the only major rating agency that continues to rate Greece below investment grade, reflecting ongoing concerns about the country’s financial stability. This article explores the implications of Moody’s assessment and the potential impact on Greece’s borrowing costs and investor sentiment. The tags used include Moody’s, credit rating, Greece, investment grade, financial crisis, European Central Bank, S&P, Fitch Ratings, DBRS Morningstar, and Scope Ratings.

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