Displaying items by tag: moody's

Greece has been upgraded by two slots to Caa3, by Moody's credit rating agency, up from C where it had been relegated in may 2012, on Friday.
Moody's also assigned Greece a stable outlook, and a Not Prime (NP) short term assessment.

The most recent report by Fitch ratings agency on developments in the eurozone shows a more optimistic assessment for the Greek economy projecting this year's recession at 4%, and showing 0.5% growth for 2014.