Credit ratings agency Fitch has raised Greece’s rating from ‘BB’ to ‘BB+’, in a report released late Friday, ANA reports.
The upgrade puts Greece one step below the desired investment grade status.
Welcoming the upgrade, Greek Finance Minister Christos Staikouras noted that it “confirms that the national goal of reaching investment grade [status] within 2023 -with multiple benefits for society and economy- is achievable.”
This is “the 12th upgrade of Greece’s economy in the last 3.5 years, despite successive external crises,” he added.
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