DBRS Morningstar scores company hasactually updated Greece’s credit ranking to financialinvestment grade
ByThe Associated Press
September 8, 2023, 6: 16 PM
ATHENS, Greece — A significant global company on Friday updated Greece’s credit score to financialinvestment grade, a relocation that is anticipated to increase financier self-confidence in the previously bailout-dependent nation.
Despite a series of previous upgrades, Greece had till now stoppedworking to restore the financialinvestment grade it lost at the start of the 2009-2018 monetary crisis that brought the nation to the edge of personalbankruptcy.
DBRS Morningstar stated in a declaration that its choice to upgrade Greece to BBB (low) from BB (high) shows its view that Athens “will stay dedicated to financial respo