S&P Affirms B-/B Rating and Stable Outlook for Greece

S&P affirmed Greece’s sovereign rating at B-/B with a stable outlook. The investment house believes the Greek economy is rebalancing, as reflected in its reduced current account deficit, notable budgetary consolidation, and improved competitiveness, among other positives. However, it adds that the general government debt and the economy΄s external debt are still large. S&P in […]

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