Monday August 24 2015
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Greece
Link: https://www.fitchratings.com/site/fitch-home/pressrelease?id=989624
Fitch Ratings has upgraded Greece`s Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to `CCC` from `CC`. The issue ratings on Greece`s senior unsecured foreign and local currency bonds have also been upgraded to `CCC` from `CC`. The Short-term foreign currency IDR has been affirmed at `C`. The Country Ceiling has been raised by one notch to `B-` from `CCC`.
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