Wednesday, July 22, 2015

Standard & Poor’s (S&P) announced yesterday that it has raised Greece’s credit rating by 2 notches – from CCC- to CCC+ - in the first upgrading for the Greek economy since the agreement between the government and its creditors last week. 

The ratings agency raised its rating for Greece, saying the country's liquidity perspective has improved after eurozone finance ministers gave their initial consent to a three-year loan program to keep the country in the euro.