Rating agency: Moody's upgrades Greece and downgrades Poland's credit rating
The rating agency Moody's is looking at Greece's creditworthiness with increased optimism. Poland's credit rating drops from "A2" to "A3" due to a persistent deterioration in the country's fiscal position.
Moody's has upgraded its outlook on Greece's creditworthiness from "stable" to "positive", citing signs that structural reforms are strengthening the country's economic and financial resilience. The rating itself remains at "Baa3". Meanwhile, Moody's has downgraded Poland's rating from "A2" to "A3" due to a sustained deterioration in its fiscal position, with a stable outlook.
Greece's debt burden is expected to remain one of the highest among rated countries until the end of the decade. Poland's fiscal framework has lost effectiveness, and upcoming political constraints may delay consolidation of public finances.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
