Credit rating agency

Bloomberg sees low bond yields, other indicators as signs of Greek recovery

Straight on the heels of a Greek 10-year bond issue with a record low one percent yield (compared to 45 percent one decade ago), Bloomberg is singing the praises of the prospects of the Greek economy and government and touts the once unthinkable possibility of Greek bonds returning to investment grade (even though they are still at the junk level).

Commission, Fitch give their nod to government policies

Fitch Ratings and the European Commission have given their vote of confidence in the policies the Greek government is pursuing, as the particularly positive climate at the annual conference Fitch organized in Athens on Tuesday regarding the country's credit outlook and the progress recorded since last summer's election showed.

Greece working 'full throttle' on debt issue, finance minister says

Greece is preparing for a new bond issue, after its credit rating was upgraded by one of the three main rating agencies, the country's finance minister said on Monday.

Greece on Monday mandated six banks to act as joint lead managers for a 15-year bond, maturing in February 2035. It will be the first bond foray for Greece this year.

After rating upgrade, Greece announces 15-year bond issue

Greece on Monday announced that it had appointed banks for a new 15-year bond issue after its credit rating was upgraded by one of the three main rating agencies. 

It will be the first time Greece is tapping with a markets whose expiry date is after 2032, the year in which long-term measures for the relief of Greece's debt burden are due to expire.  

S&P upgrades Greece's rating one notch to BB-

Standard & Poor's has upgraded Greece's credit rating by one notch to BB- with a positive outlook, saying another upgrade could follow within the next year.

The agency says a potential future upgrade would depend on the center-right government's continuing to implement economic reforms and also on an improvement in Greek banks' sizable exposure to nonperforming loans.

S&P upgrades Greece's rating one notch

Standard & Poor's has upgraded Greece's credit rating by one notch to BB- with a positive outlook, saying another upgrade could follow within the next year.

The agency says a potential future upgrade would depend on the center-right government's continuing to implement economic reforms and also on an improvement in Greek banks' sizable exposure to nonperforming loans.

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