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2023-09-10

Greece credit rating raised to investment grade

 DBRS Morningstar lifted its assessment of Athens’ creditworthiness to triple B

Although the firm is not one of the “big three” agencies, its ratings are recognised by the European Central Bank, giving its opinions outsize clout within the euro area. 

The return to coveted investment-grade status is the latest sign of Athens’ rehabilitation in the eyes of investors, after being pushed to the brink of bankruptcy and exit from the eurozone.

FT 8 September 2023

https://www.ft.com/content/fc17f901-e219-4656-bb76-f088c84de3e7

 

– Vi vet alla nu, och vi visste alla då, att Grekland fuskade med sin statistik berättar Pascal Lamy, WTO-chefen som på nittiotalet var EU-kommissionens ordförande Jacques Delors högra hand.

Teresa Küchler, SvD 29 februari 2012

https://englundmacro.blogspot.com/2012/02/vi-vet-alla-nu-och-vi-visste-alla-da.html




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