DBRS ratings agency upgrades Greece to B

DBRS ratings agency upgraded Greece to B (high) and with positive outlook.

“The agency believes that Eurogroup’s decision for Greece issued on June 22 justifies an extraordinary credit rating” DBRS said in an announcement on Saturday.

It also said “after the conclusion of the third adjustment programme in August, the liquidity protection net offers a cash buffer while Greece returns to bond issue

Source ANA-MPA
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