S&P affirms Greece at B- with outlook stable

  • believes Greek govt debt profile has strengthened significantly
  • could raise long-term rating on Greece if GDP growth were to pick up more substantially
  • stable outlook assumes no further distressed exchange of Greek debt

Earlier Fitch had affirmed US rating at AAA, outlook stable

  • US has greater debt tolerance than AAA peers owing to flexibility provided by having the world’s reserve ccy

Featured Videos