Fitch upgrade shows 3rd review will be completed without instability-finance ministry




The upgrade and positive outlook of the Greek economy by Fitch ratings agency reflects expectations that the third review will be completed without creating instability, the finance ministry said in a statement on Saturday, following the agency’s announcement on Friday night.

“The new positive outlook for the economy from the rating agencies reflects the expectations that the third review will be completed without creating instability, while the fact that there will be significant measures to alleviate Greek debt will facilitate Greece’s access to markets,” the ministry said.

“The government continues to work with a steady pace, aiming for fair growth, so that workers, who bore the main weight of the crisis, can participate in the benefits of growth,” it added.

Source: ANA-MPA

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