Fitch Ratings optimistic about the future of the Greek economy

Fitch Ratings has evaluated the Greek economy with a “B-” and a steady outlook, based on recent financial developments in Greece…

Fitch Ratings has evaluated the Greek economy with a “B-” and a steady outlook, based on recent financial developments in Greece, where the banks managed attract 8.3 billion euros worth of capital.

The rating agency is expected to announce its estimations regarding the Greek economy on Friday, with market analysts arguing that Fitch will upgrade Greece’s credit rating and outlook.

Despite the good news, the Ministry of Finances is reserved, as it points out that Fitch Ratings has already given a higher rating compared to other rating agencies, such as Moody’s and Standard & Poor’s.

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