The upgrade of Greece’s credit rating from B+ with a positive outlook to BB with a stable outlook by the Japanese Rating & Investment Information (R&I) agency is “indicative of an improved economic climate” in the country, Greek Finance Minister Christos Staikouras said in a statement on Monday, according to ANA.
The rating is comparatively higher than all other credit rating agencies’ and only two grades below BBB-, which is the investment-grade status.
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Photo Source: greecejapan.com
