S&P upgrades Greece to investment grade for first time since 2010 crisis

- S&P Global is the first among the “big three” rating agencies to upgrade Greece to investment grade since the country’s debt crisis in 2010.

Greece lost its investment-grade credit rating, which implies a low risk of default, in 2010 when its decade-long debt crisis erupted, forcing it to sign up for international bailouts worth about 260 billion euros to stay afloat. Greece expects economic output to rise 3% in 2024 following a 2.3% expansion this year more than twice the eurozone average. It also projects a 2.1% of GDP primary budget surplus next year on higher investment and strong tourism revenue.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Home Sales Slide to Lowest Pace Since 2010 as High Rates Squeeze MarketBuyers facing limited supply pushed up September prices
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Home Sales at Lowest Point Since 2010 as High Mortgage Rates Squeeze MarketBuyers facing limited supply pushed up September prices
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »