Announcements
Drinks
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.
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.
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.
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