FX & CFD trading involves significant risk
Fitch Ratings has upgraded Greece's Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to 'CCC' from 'CC' on Tuesday. The reason for the upgrade was a deal between Greece and its international lenders on the third bailout programme.
"The 14 August agreement reached between Greece and the European Institutions on the framework for a third official bailout programme has reduced the risk of Greece defaulting on its private sector debt obligations," the agency said.
Fitch pointed out that "the political situation in Greece remains unpredictable".
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.