Contributed by NAMPA / AFP.
URGENT Fitch upgrades Greece's debt rating to 'BB-' on European debt deal
Washington, Aug 10, 2018 (AFP) - Credit ratings agency Fitch on Friday upgraded Greece's sovereign debt one notch to 'BB-' from 'B,' with a stable outlook, on the "substantial" debt relief from Europe.
"We expect fiscal performance to remain sound over the post-program period," Fitch said in a statement, noting that the long-troubled economy posted a budget surplus of 0.8 percent of GDP last year.
And after gradu ...