S&P affirms ‘B-‘ rating for Greece

S&P affirms ‘B-‘ rating for Greece

Standard & Poor’s confirmed on Friday Greece’s sovereign rating at ‘B-‘ with a stable outlook.

The ratings agency also forecast that the country’s debt will peak at 179 percent of gross domestic product at the end of this year, before declining to 173 percent by 2018 if the bailout program is adhered to.

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