Rating agency Morningstar DBRS has confirmed Greece’s long-term issuer ratings for foreign and local currency debt at BBB.
At the same time, the agency affirmed the country’s short-term issuer ratings for both foreign and local currency debt at R-2 (high).
The report also noted that all ratings carry a stable outlook.
The agency explained that the stable outlook reflects its view that short-term risks to Greece’s credit ratings are balanced.
