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Tuesday, May 14, 2013

Fitch upgrades Greece's credit rating

A state school teacher shouts slogans, in front of a banner that reads "No to The Civil Mobilization" during a peaceful protest in central Athens on Monday, May 13, 2013. Greece's conservative-led government has issued a civil mobilization order forcing state school teachers to work during university entrance exams later in May. Teachers' unions had been planning strikes during the exams, to protest planned increases in working hours and involuntary staff transfers _ as part of the financially-distressed country's austerity and reform program. (AP Photo/Kostas Tsironis)ATHENS, Greece (AP) — Fitch ratings agency has upgraded Greece's credit grade by one notch, from CCC to B-, saying the debt-hobbled country's economy is rebalancing.



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