Credit Rating Agency: Moody's Upgrades Greece's Creditworthiness – Poland's Rating Falls
The rating agency is more optimistic about Greece's creditworthiness. Poland's credit rating is falling, however, due to a persistent deterioration in its 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". Greece's debt burden is expected to remain one of the highest among rated countries until the end of the decade.
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. The downgrade reflects balanced risks at the new rating level and a less effective national fiscal framework.
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.
