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S&P upgrades PPC to “BB-” from “B+”

As announced, S&P’s long-term ratings upgrade the credit rating of PPC to “BB-” from “B+” after Greece being upgraded to “BB+” from “BB”, with firm’s analysts estimating that the Greek government has increased its ability to support the public undertaking, if needed.

  • Published in Greece

S&P shows the way for new Greek bond issues

The road to the new exit of Greece to the markets in the immediate future is paved by the upgrade move of the rating agency Standard & Poor's ("BB" from "BB-" with positive prospects) bringing closer the issue date, which the Public Debt Management Agency was already preparing in the framework of the annual planning, stimulating the state coffers with cheap liquidity.

  • Published in Economy
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