Greece's credit rating
Economy
Moody's Upgrades Greece's Sovereign Bond Rating to Caa2, Changes Outlook to Positive
Ratings agency Moody's announced on Friday it is raising Greece's credit rating one notch from "Caa3" to "Caa2", citing the successful completion of the second program review, the improved fiscal prospects, as well as tentative signs the economy is...
Economy
Moody's Delays Rating Greece Credit Amid Political Turmoil
Rating agency Moody’s has postponed until August its assessment of Greece's creditworthiness, as scheduled for Friday, citing serious risks of political instability.
The agency noted the weakness of the coalition government may lead to early parliamentary elections within the next six months. Such...