News of Bahrain
World21 July 20151 min read

Standard & Poor's raises Greece's credit rating to CCC+

Paris Standard & Poor's on Tuesday rating raised Greece's credit rating by two notches to CCC+ after the indebted country reached a preliminary deal with its creditors on a third bailout. S&P said that the scenario of Athens defaulting on its debts was no longer inevitable in the

Editorial Team Legacy

Published 21 July 2015, 8:00 · Updated 21:29

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Standard & Poor's raises Greece's credit rating to CCC+

Paris

Standard & Poor's on Tuesday rating raised Greece's credit rating by two notches to CCC+ after the indebted country reached a preliminary deal with its creditors on a third bailout.

S&P said that the scenario of Athens defaulting on its debts was no longer inevitable in the coming months and thus the chances of Greece having to pull out of the euro were reduced, though still "high

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