Greece Returns to Investment-Grade Elite With Scope Rating Upgrade

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Greece’s investment-grade status was restored by Scope Ratings, evidence of its progress in repairing public finances

, evidence of its progress in repairing public finances 13 years after it became the first euro-zone member to be cut to junk.

Friday’s decision helps draw a line under the debt crisis that erupted in 2010 and required three international bailout programs as Greece’s membership of the now 20-member euro zone was thrown into question.

 

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