standardpoors raises greeces credit rating to ccc
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Standard & Poor's raises Greece's credit rating to CCC+

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Arab Today, arab today Standard & Poor's raises Greece's credit rating to CCC+

Standard & Poor
Paris - Arab Today

Standard & Poor's on Tuesday rating raised Greece's credit rating by two notches to CCC+ after the indebted country reached a preliminary deal with its creditors on a third bailout.

S&P said that the scenario of Athens defaulting on its debts was no longer inevitable in the coming months and thus the chances of Greece having to pull out of the euro were reduced, though still "high".

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