S&P

The Greek economy got a vote of confidence by S&P Global Ratings on Friday which upgraded its debt rating to BB+. “The upgrade reflects our expectation of a continuous improvement in Greece’s policy effectiveness, while the fallout from the war...

Rating agency Standard and Poor's upgraded on Friday evening Greece's sovereign credit rating by one notch, from B+ to BB-. The agency noted that the decision of the government in August to lift the remaining capital controls was implemented without...

Standard & Poor's Global Ratings on Friday upgraded Greece’s long-term sovereign credit rating by one notch to B from B- leaving it below investment grade but with a positive outlook. The country’s long-term foreign currency debt was upgraded to B...

On Friday, Standard & Poor's raised its long-term sovereign credit rating on Greece to 'B-' from 'CCC+', with a stable outlook, citing the country's compliance with its economic program. "The upgrade reflects our assessment that the Greek government is broadly complying...

Greece's credit rating could be upgraded to B, from CCC+ after completion of a first review of the Greek economic adjustment program, disbursement of loans according to a ESM schedule and probably combined with an ECB decision to begin...

Standard and Poors has downgraded Greece's credit rating to CCC- from CCC. The agency puts Greece into junk territory in sovereign credit ratings. Here's the rationale of the rating as it was released by S&P: Overview We interpret Greece's decision to hold a...

S&P Dow Jones Indices, said that Greece no longer classifies as a developed market. The general consensus among participants is that emerging market status is a more appropriate classification due to the following reasons: • The Greek equity market lags behind...

S&P affirmed Greece’s sovereign rating at B-/B with a stable outlook. The investment house believes the Greek economy is rebalancing, as reflected in its reduced current account deficit, notable budgetary consolidation, and improved competitiveness, among other positives. However, it...

Standard & Poor's on Wednesday cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating. Last week Greece and its international lenders reached a deal to lower the country's debt burden, which included...

Citibank reports that Greece will leave the Eurozone  by 2014. Citbank examined the reports of international financial institutions in a number of countries and said that it is now looks inevitable that Greece can not stay in the bloc...