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Athens Macedonian News Agency: News in English, 14-03-21

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] S&P affirms Greece ratings at 'B-/B', outlook stable

  • [01] S&P affirms Greece ratings at 'B-/B', outlook stable

    ANNA/MPA--Standard & Poor's on Friday affirmed Greece's sovereign credit rating at 'B-/B' and gave it a stable outlook, saying it believed the country's economy was gradually rebalancing.

    "In our opinion, steps the Greek government has taken to strengthen the institutional framework and improve policy effectiveness have enhanced external and fiscal performance," S&P said in a statement.

    "The government has made significant reforms to the labour market and fiscal revenue collection and plans further reforms in commerce," S&P noted.

    S&P said the stable outlook balances its view of the government's commitment to fiscal and structural adjustments against the economic and political challenges of doing so, according to Reuters News Agency.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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