Credit rating agency DBRS Morningstar upgrades its debt Of Greece in Tier BB with a positive trend from Tier BB (low) with a steady trend, talking about a strong economic recovery this year and significant progress in reducing the percentage of red loans of banks to 21.3% in June 2021 from 40.6% in December 2019.
The positive trend reflects the house’s view that the future prospects of the Greek economy appear significantly strengthened.
SOURCE: ΑΠΕ-ΜΠΕ
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