German rating agency Scope Ratings reaffirmed Greece's BBB- credit rating and upgraded the country's economic outlook to positive.
German rating agency Scope Ratings reaffirmed Greece's BBB- credit rating and upgraded the country's economic outlook to positive. The upgrade is due to reduced debt, enhanced banking system resilience, and favorable momentum in structural reforms, although high public debt and structural economic weaknesses remain a concern. Scope expects Greek debt levels to decrease in the coming years.
July 13, 2024
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