August 10, 2018 / 8:22 PM / a month ago

Fitch upgrades Greece rating to 'BB-' from 'B'

Aug 10 (Reuters) - Global rating agency Fitch Ratings upgraded the long-term foreign currency issuer default rating on Greece to ‘BB-‘ from ‘B’.

The outlook on Greece is stable, Fitch said on Friday.

Greece’s banking sector is getting better, Fitch noted, adding that the country’s relationship with its European creditors has “substantially improved”.

Reporting by Kanishka Singh in Bengaluru Editing by Alison Williams

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