Credit agency Moody's increased the economic rating of Greece to the lower boundary of the investment level (Baa3With BAA1 Previously), however, this, of course, does not mean anything special, since the increase was predictable.
Moody's Ratings increased the long -term credit rating of Greece after 14 years, while the forecasts (Outlook) changed from positive to stable. This decision had a significant impact The profitability of Greek bankswho no longer belong to the Greeks since the introduction of memorandums.
Earlier, similar actions were taken by agencies Fitch Ratings, Scope Ratings And DBRSwhich last week increased the rating of Greece to the category BBB With BBB Low.
What does an increase in Moody's rating mean for Greece? Nothing! An increase without content, since Greece remains far from the stream of investment. Only in real estate (that is, in the sale) does the country show good results. In production investments – zero!
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