26/05/2023 - 14:38:01
What Reuters analysis shows about the upcoming upgradesAccording to Reuters, Greece’s return to investment grade after more than a decade is considered a “done deal” by bond investors.The country, which was rated “junk” by all three leading rating agencies, has been working since the end of the bailout in 2018 to regain favor with investors and the coveted rating – a seal of fiscal credibility.Investors hope the New Democracy party – the clear winner of Sunday’s election, although it fell short of an outright majority – will stay in power after a run-off vote in June and continue reforms, paving ...
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