Standard and Poor’s
Economy
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...
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"...
Economy
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%...
Economy
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...
Economy
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...
Economy
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...
Economy
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...