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21-08-2017 15:36 2449

fitch 2

 

FITCH rating agency has raised Greece's long-term ratings in foreign and national currencies from "CCC" to "B-" and made a positive forecast for further development of the Greek economy.

The optimism of international analysts is based on a number of factors, including stable GDP growth and a reduction in political risks.

Fitch believes that Greece's public debt sustainability, which currently accounts for almost 180% of the country's GDP, will further improve. According to experts of the agency, the risks that Greece's current or future government will refuse such a policy are limited.

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