Announcements
Drinks
6/12/2024 Rating announcement EN
Scope upgrades Greece's ratings to BBB and revises the Outlooks to Stable
Declining public debt, improved banking-system resilience and stronger trend growth drive the upgrade. Still-elevated government debt and structural economic weaknesses remain credit constraints.
12/7/2024 Rating announcement EN
Scope affirms Greece’s BBB- ratings and revises Outlook to Positive
Declining public debt, improved banking-system resilience and favourable structural-reform momentum drive Outlook revision. Very elevated government debt and sustained structural economic weaknesses remain credit constraints.
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.
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.
