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Greece’s Rating Upgraded by S&P on Economic Strength
9 Articles
9 Articles
S&P Upgrades Greece to ‘BBB’ on ‘Unwavering Fiscal Discipline’
S&P had first restored Greece’s credit standing as investment grade in October 2023 and revised the country’s outlook to positive in April 2024. Public Domain Standard & Poor’s (S&P) credit rating agency upgraded Greece’s sovereign credit rating to BBB from BBB- on Friday, with a stable outlook. S&P had first restored Greece’s credit standing as investment grade in October 2023 and revised the country’s outlook to positive in April 2024. It is n…
Recession curb, lower interest and taxes for citizens - S&P upgraded Greece to BBB with a stable outlook
It is the third of five ESF-recognized rating agencies — after Scope and DBRS — to rank Greece within the investment tier.
The credit rating agency S&P upgraded the Greek economy to BBB from BBB-, with the outlook stable from positive. S&P had given Greece investment grade in October 2023, while in April 2024 it had upgraded its credit outlook to positive. It is the third of the five rating agencies recognized by the ECB – after Scope and DBRS – to upgrade Greece to investment grade. Source: ΑΡΕ-ΜΒΕ
S&P: Greece upgraded to ‘BBB’ on ‘unwavering fiscal discipline’
S&P Global Ratings on Friday raised its long- and short-term local and foreign currency sovereign credit ratings on Greece to ‘BBB’ from ‘BBB-‘, citing the country’s “unwavering fiscal discipline.” The outlook is stable.
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