Fitch Affirms Greece at BBB, Outlook Stable

The affirmation matters less for the headline than for what it confirms: Greece's investment-grade status now holds with a buffer, even as it remains the second-lowest rated IG sovereign, so the country sits at the edge of the index-eligible universe rather than comfortably inside it. The stable outlook removes near-term downgrade risk, which is the more consequential signal for anyone tracking Greek sovereign exposure. Whether the buffer widens or the gap to higher-rated peers narrows is the open question.