FinMin: Greece is only step away from acquiring the investment grade

Greece is only one step away from acquiring the investment grade, a “national goal”, following the country’s credit rating upgrade by R&I on Monday, Finance Minister Christos Staikouras said. In a statement, the FinMin noted that the Japanese credit rating agency was the fourth agency after Standard & Poor’s, DBRS and Scope Ratings, to upgrade the Greek state’s credit rating to BB+, only one notch from the investment grade. He added that this was the 11th credit rating upgrade of the Greek economy in the last three years, despite the successive external crises, and reflect the government’s right economic poliy.

Source: The National Herald