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Tuesday, July 21, 2015

S&P raises Greece's long-term rating to 'CCC+'

(Reuters) - Standard and Poor's Rating Services raised its long-term sovereign credit rating on Greece to 'CCC+' from 'CCC-', saying it believed default was no longer inevitable in the next six to 12 months. S&P said the outlook was stable, with the possibility of Greece leaving euro zone now less than 50 percent. (Reporting by Anjali Rao Koppala in Bengaluru; Editing by Ted Kerr)


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