Any impact on Greece’s finances from an increase in the country’s borrowing cost will be limited, S&P said in a report on Tuesday, according to ANA.
In a report on “which countries are better and worse positioned to deal with an increase in interest rates”, the credit rating agency said that Greece, along with the majority of the 18 developed countries included in the report, will be able to absorb the primary impact from an interest rate increase up to three percentage points (300 basis points).
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