Greece’s credit profile has a tendency of improvement, which was interrupted by the coronavirus spread and which is expected to be a temporary shock, Moody’s Credit Ratings said on Friday, according to ANA.
In a report, the credit rating agency said Greece’s public finances have significantly improved in the last few years and the government which was elected last July made a positive start focusing on investment policy. It added, however, that future governments should maintain a prudent fiscal trend for a number of years to ensure the long-term debt sustainability, along with maintaining other reforms made in the last few years and to become deeper.
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