Moody's upgraded Greece's rating to 'Baa3' with a stable outlook, thanks to improved public finances.
Mircea Medaru
International
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Moody's has decided to upgrade Greece's rating, reflecting the faster than anticipated improvement in the country's fiscal situation. The outlook has also been revised from 'positive' to 'stable', to reflect a balance between the country's slowly improving persistent credit challenges and institutional stability.
Sources
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