Displaying items by tag: investment grade

Kudos were given to Greece by the European Stability Mechanism (ESM), which welcomed the recovery of investment grade, calling it a milestone.

Scope on Friday evening (Athens time) upgraded Greece's long-term credit ratings to BBB- (up from BB+) and changed its outlook to stable (from positive). The rating, according to Scope, brings Greece’s credit-worthiness to an investment-grade level.

The Japanese rating agency Rating and Investment Information (R&I) upgraded today, July 31, 2023, the Greek Government's debt to investment grade, BBB- with a stable outlook (from BB+ with a stable outlook previously).