The agency upgraded the country’s ratings to BBB from BBB- and forecast a falling debt and general government budget surplus.
Fitch Ratings upgrades Greece to BBB with a stable outlook, citing rapid debt reduction, strong fiscal results, and resilient ...
Investing.com -- Fitch Ratings has upgraded Greece’s Long-Term Foreign-Currency Issuer Default Rating to ’BBB’ from ’BBB-’ with a Stable outlook, citing the country’s rapid debt reduction and strong ...
WASHINGTON, Oct 25 (Reuters) - Greek Finance Minister Kostis Hatzidakis told Reuters that the government will maintain fiscal prudence to safeguard its growth path and emergence from a debilitating ...
Athens is humming with optimism as economists increasingly showcase a rosy picture of the economic future of the country. Having survived decades of tight austerity and foreign bailouts, Greece is ...
(Bloomberg) -- Greece plans to accelerate the repayment of billions of euros of bailout loans in the latest sign of the country’s economic reversal since it nearly fell out of the euro area more than ...
Default, massive buybacks or official-sector writedowns are needed for Greece to reach any reasonable level of debt sustainability. The 120% debt-to-GDP target by 2020 is wide of the mark. Possibly ...
The IMF is right to warn that some countries will need to rethink aspects of their welfare systems to stabilise their debt.
France's brewing political crisis is spilling into financial markets with the country's borrowing costs hitting the same level as debt-ridden Greece's for the first time on record Thursday. The spread ...
US debt crisis is reaching historic levels — and for the first time in a century, America’s debt burden is on track to surpass Italy and Greece, according to the International Monetary Fund (IMF). The ...
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