DBRS Morningstar Upgrades the Hellenic Republic to BB (high), Trend Changed to Stable
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Summary
DBRS Ratings GmbH (DBRS Morningstar) upgraded the Hellenic Republic’s Long-Term Foreign and Local Currency – Issuer Ratings to BB (high) from BB and changed the trend to Stable from Positive. At the same time, DBRS Morningstar upgraded the Hellenic Republic’s Short-Term Foreign and Local Currency – Issuer Ratings to R-3 from R-4 and changed the trend to Stable from Positive.