ATHENS, Nov. 15 (Xinhua) -- Fitch Ratings upgraded Greece's long-term credit rating to BBB from BBB-, citing accelerated debt reduction, strong fiscal performance, and resilient economic growth, the Greek official news agency AMNA reported Saturday.
In an announcement released late Friday, Fitch said Greece is on track to reduce its debt ratio by nearly 20 percentage points over 2024-2025, with the level expected to approach 120 percent of gross domestic product by 2030.
