Moody’s Rating Agency

Moody’s upgraded the credit rating of the Municipality of Athens, according to an official statement released by the Municipality, reflecting the city’s ongoing financial progress. “The City of Athens looks toward the future with confidence, reinforced by positive ratings that confirm its steady course,” the statement reads. The global firm raised the rating to Baa3 […]

With a one-day delay, Moody’s upgraded Alpha Bank and Piraeus Bank, following the recent upgrade of the Greek economy. The credit rating agency had already upgraded the other two systemic banks, National Bank of Greece and Eurobank, as well as Attica Bank, the previous night. Specifically, Moody’s raised the credit ratings of Alpha Bank and […]

Moody’s Credit Ratings has upgraded Greek banks, shifting their outlook from positive to stable. Specifically, Moody’s upgraded the long-term deposit ratings and senior ratings of the National Bank of Greece (NBG) to Baa1 from Baa2, as well as its standalone Baseline Credit Assessment (BCA) to baa3 from ba1. The bank’s long-term Counterparty Risk Rating (CRR) […]

The rating agency Moody's raised Greece’s long-term credit rating to Baa3 from Ba1, with a stable outlook.

The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.

Multinational investment bank Citigroup forecasts the rating of Greece will be raised by a notch within the next nine months from the top two credit rating agencies, S&P and Moody’s, which control 80% of the market. This would mean that S&P would assess Greece one level above “investment grade,” while Moody’s—currently the only one of […]

Moody's remains the only one of the three major credit rating agencies that still rates Greece at Ba1, one notch below investment grade

The macroeconomic profile also reflects Greece's improved credit conditions, which are still characterized by high levels of non-performing loans (NPLs) compared to the European sector.

The announcement came days after Moody's the same for Greece's outlook while maintaining the sovereign credit rating one notch below 'investment grade' at Ba1

Moody’s is the last of the major credit rating firms not to have upgraded the Greek economy to 'investment grade', retaining the Ba1 rating - a notch below

Moody's is the fifth major credit rating agency to be approached for an investment-grade rating—after DBRS, Fitch, S&P, and Scope have already upgraded Greece.

At present, Moody’s rates Greece at Ba1, one notch below investment grade, with a stable outlook for reassessment.

Moody’s on Monday upgraded the Baseline Credit Assessment (BCA) for two Greek bank institutions, the National Bank of Greece (NBG) and Piraeus Banks, specifically raising Piraeus’ rating to ba2 from ba3, and NBG’s to ba1 from ba2. Moody’s also upgraded its long-term and short-term deposit ratings for both ATHEX-listed Greek lenders, two of the four […]

In summary, Greece must address issues beyond fiscal matters, such as justice, corruption, and public administration reforms, to achieve an A+ rating.

S&P, Fitch Ratings, DBRS Morningstar and Scope Ratings have already restored country to investment 'territory' since 2023

Ratings firm considered the strictest of its peers, and the only one that still hasn't restored Greece's sovereign rating to investment grade