Greece’s rating is positive, Fitch confirmed

The international rating agency Fitch said in a statement that it has affirmed Greece’s long-term issuer default ratings (IDRs) in foreign and national currencies at ‘BB’. The rating outlook is positive. This means an expected steady decline in public sector debt. A Fitch press release states: “Greece has a high per capita income that is […]

The EU Commission revised the forecast for the Greek economy downward by 3.5%

The European Commission has revised down its forecasts for the Greek economy, forecasting GDP growth of 3.5% in 2022 and 3.1% in 2023 from 4.9% and 3.5%, respectively, compared to its forecasts. taken in February last year. On Monday, the European Commission published its spring report on economic growth in member countries. EU entitled “Economic […]

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