Bloomberg: ‘Greece returns to investment-grade elite’
FILE PHOTO: According to the Economist, Greece scores “some surprising results” in terms of the five indicators, on the basis of which the overall score for each country is estimated. But what stands out is the increase in the stock market value of the Greek market by 43.8%. Photo via pixabay.com@frycyk01/
ΣΧΕΤΙΚΑ ΑΡΘΡΑ
The upgrading of Greece’s sovereign rating to investment grade by German ratings agency Scope was the subject of an extensive report released by Bloomberg news outlet, it was reported on Saturday.
Bloomberg’s article was titled ‘Greece Returns to Investment-Grade Elite with Scope Rating Upgrade’, 13 years after the country’s investment status was rated junk, it was noted.
On Friday, Scope Ratings upgraded Greece’s economy to the investment grade BBB- with a stable outlook, from BB+ with a positive outlook previously.
Source: ANA – MPA
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