Credit ratings agency Standard & Poor's (S&P) has reaffirmed Greece's investment-grade rating of "BBB-" with a positive outlook. This confirmation marks a significant milestone for the country, which regained investment-grade status in October 2023 after years of economic turmoil.
Tag: s&p
In September, Greece will undergo a new series of debt rating evaluations. DBRS will kick off the assessments, with Moody's following shortly after. Meanwhile, S&P, Fitch, and Scope Ratings plan to release their year-end evaluations in the months ahead.
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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