Brussels, 15/05/2013 (Agence Europe) - On Tuesday 14 May, the Fitch credit rating agency raised the credit rating of Greece's sovereign debt by one notch from CCC to B- with “stable prospects.”
Noting clear progress towards eliminating the budget deficit and current account deficit, along with measures to put the Greek debt on a sustainable trajectory, Fitch says the Greek economy, based on solid implementation of the programme, is in the process of being rebalanced. Fitch says that the...