In its latest report published on Friday, Fitch Ratings has left Greece at the same investment-grade rating assigned by the agency in May, despite acknowledging the country's substantial progress in reducing debt burden and maintaining budget surpluses.
Fitch is the...
Fitch Ratings has downgraded Greece's long-term foreign- and local currency Issuer Default Ratings (IDRs) to 'CCC' from 'B'. The issue ratings on Greece's senior unsecured foreign and local currency bonds are also downgraded to 'CCC' from 'B'. The Short-term...