Displaying items by tag: scope ratings

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.

Scopes Ratings on Wednesday issued its latest bulletin on the Greek economy and its advantages and disadvantages, pointing to a ballooning external and structural impasses as the greatest constraints presently towards possible ratings upgrades.
Specifically, Scopes underlines:

The German-based rating agency Scope Ratings GmbH on Monday upgraded Greece's long-term foreign- and local-currency issuer ratings to BB from BB-, with a Positive Outlook.