S&P brings Greece back up to investment level


ATHENS, Oct. 21 (Xinhua) -- Standard & Poor's has upgraded Greece's sovereign credit rating back to investment level after 13 years, a move welcomed by the Greek government.

The rating agency announced on Friday that it has raised the Greek rating to "BBB-", from "BB+", with a stable outlook, explaining that "significant budgetary consolidation has placed Greece's fiscal trajectory onto a firmly improving track."

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Canada's broader citizenship rules draw strong American interest, data shows
Russia recalls envoy to Armenia over EU ties ahead of vote
AUKUS to develop unmanned undersea vehicles, Pentagon chief says
Flights halted at Munich Airport over possible drone sighting, media report
Voting starts in Malta parliamentary elections, ruling party set to win
Zambia says two suspected Ebola cases test negative, steps up screening
Rescuers pull four from flooded cave in Laos, two still missing
Trump says he will 'transfer' Kennedy Center to Congress after court setback
Three Latvian climbers die in fall from Mount McKinley in Alaska
IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Hormuz strait remains closed

Others Also Read