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Greece closer to investment grade with ratings upgrade

  • 📰 The Independent
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  • News: 4%
  • Publisher: 59%

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Greece has moved closer to investment grade after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to BB from BB- with a positive outlook

while longer-than-expected lockdown measures this year forced officials to acknowledge that the official 4.8% growth projection now looks optimistic.

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