‍Fitch upgrades Greece to 'B-' from 'CCC'; outlook positive

Market news

21 August 2017

‍Fitch upgrades Greece to 'B-' from 'CCC'; outlook positive

Political backdrop has become more stable, risk of any future govt. Reversing policy measures adopted under ESM programme is limited
Says Greece's ‍positive outlook also reflects expectation that Eurogroup will grant substantial debt relief to Greece in 2018
Greece's ‍positive outlook reflects expectation third review of adjustment programme will be concluded without creating instability

Negative start of trading expected on the main European stock markets: DAX -0.2%, CAC 40 -0.3%, FTSE 100 -0.1%

Ten US Navy sailors are missing after a US Navy guided-missile destroyer collided with an oil tanker east of Singapore early Monday - CNN

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