S&P Sees Higher Growth Rate in Greece than the Eurozone in the Period 2019-2022
Monday, 21 January 2019
Standard and Poor's ratings agency reaffirmed Greece's credit rating from 'B' to 'B+', with positive outlook and higher growth rate than the eurozone in the next three years. The ratings agency foresees that the Greek economy will grow with average rate 2.4 percent in the period 2019-2022 as the domestic demand and the exports' performance is robust. "Despite the big public debt, Greece has one of the most advantageous debt profiles from all the countries we are rating on conditions of maturity and average interest expenses", noted the rating agency in an announcement.