Greece Ratings

Standard and Poors has lowered the long-term sovereign credit rating on Greece to 'CCC' from 'CCC+' because of the absence of an agreement between Greece and its official creditors. S&P says that the Greek government will likely default on...

Standard & Poor΄s raised Greece΄s credit rating to low-speculative grade on Wednesday, lifting it out of default territory as expected, after Athens completed the biggest sovereign debt restructuring in financial history. "While the exchange has, in our view, alleviated near-term...