Global ratings agency Moody's upgraded the Government of Greece's long-term issuer rating from Ba1 to Baa3 on Friday, shifting the country's economic outlook from positive to stable.
The upgrade signals growing international confidence in Greece's economy, driven by faster-than-expected improvements...
Morningstar DBRS has become the latest agency to reaffirm the Greek economy's BBB credit rating, maintaining a stable outlook. The Canadian-based firm cited balanced risks and noted that the country’s economic and fiscal performance has remained resilient throughout the...
Moody's downgraded the US sovereign credit rating on Friday due to concerns about the nation's growing $36 trillion debt pile.
Moody's first gave the United States its pristine "Aaa" rating in 1919 and is the last of the three major...
The 2024 budget tabled in Parliament on Monday shows that Greece's economy is projected to grow at a faster pace next year, rising by 3.0 percent compared to a 2.3 percent expansion this year.
According to the draft budget, Greece...
Greek systemic banks earned credit upgrades from credit agencies Fitch and Moody's on Tuesday following a recent round of upgrades of Greece's credit rating.
Fitch Ratings upgraded Eurobank SA's Long-Term Issuer Default Ratings (IDRs) to 'BB' from 'BB-', and Viability...
Late Friday, the ratings firm Moody's gave Greece's economy a significant vote of confidence by raising the country's credit rating by two notches.
Moody's said it was upgrading Greece's rating from Ba3 to Ba1, with a stable outlook. It stopped...
The prospects for the Greek economy have been lauded by two separate reports from Moody's and Goldman Sachs.
Moody's estimates that the general government debt will be falling below 150% of GDP in 2025 from 171.3% in 2022, thanks to...
The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all of them is positive.
The upgrade, "driven by their improving asset quality and solvency and good...
