Moody’s has upgraded the credit rating of the Municipality of Athens to Baa3 from Ba1, with a stable outlook. At the same time, the municipality’s baseline credit assessment (BCA) has also been upgraded to Baa3 from Ba1.

Moody’s has upgraded Greece’s credit rating to investment grade, marking the end of the country’s financial crisis era.

Moody's upgraded National Bank and Piraeus Bank deposit ratings on Monday.