Fitch puts Greece on watch

Fitch Ratings said it placed Greece's BBB- long-term foreign- and local-currency issuer default ratings on Rating Watch negative.

The review, which is expected to be completed in January, will focus on an assessment of Greece's fiscal sustainability, the outlook for the Greek economy and also the political will and capacity of the Greek state to carry the measures required by the International Monetary Fund - European Union program, according to the agency.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.