Announcements
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![Scope upgrades Greece's long-term credit ratings to BBB- and changes the Outlook to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_fa43fa679afa4b78ce1d268456934cf8f974fd9d808773bd24daf5690429fc10.jpg)
4/8/2023 Rating announcement EN
Scope upgrades Greece's long-term credit ratings to BBB- and changes the Outlook to Stable
Strengthening of European institutional support, a favourable trajectory of government debt and banking-sector reforms drive rating upgrade. High government debt, policy risks longer run and banking-system fragilities are challenges.
![Scope affirms Greece's BB+ long-term credit ratings and revises Outlook to Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_498bbfe1853617fa1f915bed3a91e7138217a51a095263a1a6c500c1b98d2c5e.jpg)
2/12/2022 Rating announcement EN
Scope affirms Greece's BB+ long-term credit ratings and revises Outlook to Positive
Strengthening of European institutional support, a favourable trajectory of government debt and banking-sector reforms drive Outlook revision. Very high government debt, banking-system fragilities and structural economic bottlenecks remain challenges.
![Scope upgrades Greece's long-term credit rating to BB+ and revises the Outlook to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_9618233a86c3d4aff112b3ee695f1340665fa39729be15cc9cd17a464a6cb1ff.jpg)
10/9/2021 Rating announcement EN
Scope upgrades Greece's long-term credit rating to BB+ and revises the Outlook to Stable
European institutional support, improvements in the profile of government debt and structural reform drive the ratings upgrade. Very elevated government debt levels, banking-system fragilities and structural economic bottlenecks remain ratings challenges.
![Scope upgrades Greece’s long-term credit rating to BB from BB-, Outlook remains Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_ce0e5d191b979d4fc14cca75b0990d446e08f00748bf2e5ee21e862601799373.jpg)
18/10/2019 Rating announcement EN
Scope upgrades Greece’s long-term credit rating to BB from BB-, Outlook remains Positive
Reform continuity and improved medium-term public debt sustainability drive the upgrade; high ratio of non-performing loans in Greek banks and weak long-term macroeconomic sustainability are constraints.
![Scope upgrades Greece’s long-term credit rating to BB- from B+, Outlook Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_c92a13aa6bbddb6a42e4e119c99ebc36f17ecf5e6c17b92a66ef3c156651b3a9.jpg)
10/5/2019 Rating announcement EN
Scope upgrades Greece’s long-term credit rating to BB- from B+, Outlook Positive
Strengthened cash flow profile and debt repayment capacity, improving medium-term public debt sustainability and sustained reforms drive the upgrade; elevated financial stability risks and weak macroeconomic sustainability are constraints.
![Scope upgrades Greece’s long-term credit rating to B+ from B- and changes the Outlook to Positive](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_13a141540a58f25dc316a6f854fead1684a48c8894fba5a75e8b4d89acc06643.jpg)
18/5/2018 Rating announcement EN
Scope upgrades Greece’s long-term credit rating to B+ from B- and changes the Outlook to Positive
Compliance with the adjustment programme, improved budgetary performance, economic stabilization and a more favourable policy environment drive the upgrade; fragile public debt sustainability and economic growth prospects are constraints.
![Scope upgrades and publishes Greece’s credit rating to B- from CC and changes Outlook to Stable](/.resources/scoperatings/webresources/img/logo_blue.jpg)
30/6/2017 Rating announcement EN
Scope upgrades and publishes Greece’s credit rating to B- from CC and changes Outlook to Stable
Euro area membership, compliance with adjustment programme, improved budgetary performance, and preliminary signs of economic stabilization drive the upgrade; high public debt, fragile recovery prospects and banking sector risks are constraints.
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