Fitch notes one notch rating of Greece – The World

This long-term rating is accompanied by a stable outlook, which means that the agency has no plans to change in the coming quarters. The short-term rating has, meanwhile, been maintained at ‘B’.

Côté fiscal consolidation, Fitch stresses that “Reducing the deficit in Greece over the past four years has been remarkable “, the country from a primary surplus ” adjusted “ 0.8% of GDP in 2013, which should, according to his calculations, to reach 1.4% this year.

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The agency also believes that “economy (Greek) bottoms “, and ” the recovery will strengthen gradually this year, “. It provides for a 0.5% growth of GDP in Greece this year and 2.5% next year

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