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[ Sun, Mar 16th 2025 ]: Insider
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[ Sun, Mar 16th 2025 ]: Invezz
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Sat, March 15, 2025
[ Sat, Mar 15th 2025 ]: Econostrum
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[ Sat, Mar 15th 2025 ]: Fortune
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[ Sat, Mar 15th 2025 ]: Reuters
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[ Sat, Mar 15th 2025 ]: MarketWatch
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[ Sat, Mar 15th 2025 ]: News4Jax
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Fri, March 14, 2025
[ Fri, Mar 14th 2025 ]: inc42
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[ Fri, Mar 14th 2025 ]: Reuters
India's Wipro to redraw global business lines

Greek government debt upgraded to investment grade, closing the door on a painful era

Greece's center-right government has welcomed a credit rating upgrade by Moody's, the last major ratings agency to lift junk status on government bonds that began 15 years ago during a severe debt crisis.
The Greek government's debt has been upgraded to investment grade by S&P Global Ratings, marking the end of a tumultuous financial period for the country. This upgrade, the first since 2010, reflects Greece's economic recovery and stability following years of financial crisis, austerity measures, and bailouts. S&P raised Greece's long-term sovereign credit rating to BBB- from BB+, citing improved fiscal performance, economic reforms, and a more stable banking sector. This development is expected to lower borrowing costs for Greece, boost investor confidence, and facilitate easier access to capital markets, effectively closing the chapter on Greece's economic hardship and opening new opportunities for growth and investment.

Read the Full News4JAX Article at:
[ https://www.news4jax.com/business/2025/03/15/greek-government-debt-upgraded-to-investment-grade-closing-the-door-on-a-painful-era/ ]