Moody's: Greek economic outlook upgraded to positive

On the evening of September 13, Moody's raised its forecast for the Greek economy from stable to positive.

In the Moody's report it is saidCNN Greece quotes:

“The revision to positive reflects the increased likelihood of further strengthening of the banking sector's health, reducing potential liability risks for the government. Moreover, with economic growth and fiscal performance likely to exceed our expectations, Greece's financial resilience could improve faster than expected.”

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