TREE NEWS update: Scope Ratings raised Greece’s credit rating to BBB+ from BBB. The upgrade moves the sovereign one notch higher within investment-grade territory, where it has sat since Scope restored an investment-grade assessment. No change to the outlook was specified in the rating action.
Scope Upgrades Greece to BBB+ from BBB
Scope's move is less about the headline notch than about the direction of travel: Greece is now being treated as a solidly investment-grade sovereign rather than a recent re-entrant, which matters for the cost and breadth of its funding. The absence of any outlook language leaves the next signal to be read from the agency's own future actions rather than from a stated bias. Whether Greece's spread and issuance access continue to reflect a rising floor beneath its ratings is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.