Moody's Revised Greece's Credit Rating

Moody's Revised Greece's Credit Rating Moody's revised Greece's credit rating. Credit rating agency Moody's increased the country's rating. In the statement made by the international credit rating agency Moody's, it was stated that the credit rating of Greece was increased. In the statement made by the agency, it was reported that Greece's long-term credit rating in local and foreign currency was upgraded from "B1" to "Ba3", and the rating outlook was determined as "stable". Ongoing reforms support sustainable improvement and provide tangible improvement, while the risk of reversing significant improvements is low. As stated by the credit rating agency Moody's, the growth expectations of Greece in the coming years are positive, despite the near-term negative impact of the new type of Coronavirus (Covid-19) epidemic, especially in the tourism sector.