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![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.
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