Calamos Supports Greece

Standard and Poor’s

Standard & Poor’s Keeps Greece’s Credit Rating to B+

Standard & Poor’s (S&P) rating agency kept Greece’s credit rating at ''B+'' on Friday, following an upgrade made in July 2018, when the agency increased the country's rating by one notch. According to S&P, the outlook for the Greek economy...

Standard and Poor’s Upgrades Greek Banks with Cautious Optimism

Greek banks have been dealt an upgrade by the ratings agency Standard and Poor’s (S&P) on Tuesday. The upgrade from the agency for Greek banks Alpha, Eurobank, National and Piraeus Bank from selective default (SD) to CCC+, came after a "significant"...

Standard and Poor's Upgrades Greece's Long Term Rating

Ratings agency Standard and Poor's upgraded Greece's credit rating on Tuesday from CCC- to CCC+. Though CCC+ is still a "junk" rating, Standard and Poor's said that following the agreement reached with international creditors, Greece's chance of exiting the Eurozone by 2018 are less than 50%...

S&P Downgrades Greece to Junk: Grexit at 50% – Negative Outlook

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 Downgrades Greece from 'B' to 'B-'

Standard and Poor's on Friday announced its decision to lower Greece's long-term credit rating from 'B' to 'B-' with both long and short-term ratings remaining on CreditWatch negative. The ratings agency said "liquidity constraints have narrowed the timeframe during which the new Greek...

S&P Warns Euroscepticists Could Hurt European Ratings

A warning that might lead some Greek voters to reconsider their options, just 48 hours ahead of the Greek general elections, was issued earlier today by New York-based ratings house Standard and Poor’s (S&P). As it announced, European countries could face...

One-in-Three Chance Greece will Leave Eurozone, Warns S&P

Standard & Poor's Ratings sees 1 in 3 chance of the Hellenic country exiting the euro area in the coming months according to a report published today on likelihood of Greece leaving the unique currency and its potential contagion...