Reuters logo
Moody's upgrades Greece's sovereign bond rating to Caa2 from Caa3
June 23, 2017 / 9:07 PM / 3 months ago

Moody's upgrades Greece's sovereign bond rating to Caa2 from Caa3

June 23 (Reuters) - The ratings agency Moody’s Investors Service has upgraded Greece’s long-term issuer rating to ‘Caa2’ from ‘Caa3’ following the conclusion of the second review of Greece’s adjustment programme and the release of a tranche of 8.5 billion euros from its international lenders.

Moody's has also changed the outlook to positive from stable. (bit.ly/2s0pSTi) (Reporting by Parikshit Mishra in Bengaluru; Editing by Kevin Liffey)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below