Credit rating

Moody's began upgrading the Greek economy by two notches just six months ago, on September 15.

The markets "rate" Greek bonds in the "A" category, five notches higher than their current average rating of "BBB-" that is in the lowest category of the investment grade, as the Bank of Greece pointed out on Friday.

Moody's remained on Friday the only major rating agency to maintain Greece outside the investment-grade states, as it affirmed the country's credit rating at "Ba1", with a stable outlook.

Last September the agency had raised Greece's rating two notches, from "Ba3". It has therefore maintained Greece one notch before investment level.

DBRS Morningstar confirmed on Friday night Greece's credit rating at BBB (low) with a stable outlook, having been the first major agency last year to restore the country's investment grade.

The Canada-based firm stated that its rating reflects its view that the risks in Greece are fairly balanced.

Fitch Ratings added itself on Friday night to the list of rating agencies that have reverted Greece to investment grade, raising its sovereign credit rating to BBB- from BB+.

What is more, Fitch said the Greek rating also has a positive outlook, which may well mean a further upgrade is on the horizon.

Fitch Ratings was added on Friday night to the rating agencies that have reverted Greece to investment grade, as it raised Greece's sovereign credit rating to BBB- from BB+.

What is more, Fitch said the Greek rating also has a positive outlook, that may well mean a further upgrade is on its way for Greece.

Scope, Europe's first ECB-approved credit ratings agency, promises to put more weight on the eurozone's improved ability to navigate crises although it has concerns about Italy and France and warns the Dutch election result could trouble its coveted triple-A grade.

A major international agency on Friday upgraded Greece's credit rating to investment grade, a move that is expected to boost investor confidence in the formerly bailout-dependent country.

DBRS Morningstar upgraded Greece's credit rating to investment level on Friday, ending the country's bonds "junk status" after 13 years.

The Canadian-based rating agency, one of the world's four majors, became on Friday the first to bring Greece back to investment level since 2010.

Greek government spokesperson Pavlos Marinakis said in an interview with Open TV on Tuesday that Greece has every reason to be optimistic over the acquisition of the country's investment grade status.

"Friday is one of the three crucial dates," he said, referring to the upcoming verdict on the Greek credit rating by DBRS Morningstar, "followed by October 23 and December 1."