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Scope Ratings: ECB and strong growth boost Greece's rating outlook

Scopes Ratings believes Greece (BB+/Stable) has staged a strong recovery from the Covid-19 crisis. Last month, the agency revised up the 2022 growth forecast to 4.9% from an 4.6% estimate at the start of the year – the economy grew 8.3% last year – though Scopes revised down our 2023 forecast to 2.1% from 2.5%.

  • Published in Economy

Greek 30-year bond issue attracts strong demand

Greece's 30-year bond issue is attracting strong demand, with bids exceeding 17 billion euros while the interest rate of the issue eased to 150-155 basis points plus Mid Swap from 160 bps in the opening of the book-building process on Wednesday.

  • Published in Greece
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