Ratings agencies head to Athens
A Labor Ministry employee pores over files at her desk (file photo). Officials from ratings agencies Moody’s and Fitch are expected to visit Athens in coming days to go over government files and assess whether any progress has been made in improving its fiscal health. It is not clear whether the agencies, which have lowered Greek government bonds to junk status, will follow up their visits with an announcement. Peers Standard & Poor’s have not indicated when they expect to take another look at the Greek goverment’s finances, along with the state of the economy.
