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Fitch Rating

Fitch Ratings Upgrades Greece to BB+ Outlook Stable IDR

Fitch Ratings upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "BB+" on Friday. The previous rating was "BB". The Outlook is now Stable. The news is positive for the Greek economy, which has been on a bumpy road since...

Fitch Downgrades Greece to 'CCC' from 'B'

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...