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Wednesday, July 22, 2015

Standard and Poor’s Upgrades Greece’s Long Term Rating

Ratings agency Standard and Poor’s upgraded Greece’s credit rating on Tuesday from CCC- to CCC+. Though CCC+ is still a “junk” rating, Standard and Poor’s said that following the agreement reached with international creditors, Greece’s chance of exiting the Eurozone by 2018 are less than 50% and there is a stable outlook for the country. However, the agency cautioned that the


READ THE ORIGINAL POST AT greece.greekreporter.com