An example of reforms: Greece began to grow sensationally the economy

24 June 2017, 13:11 | Peace
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Moody's agency for the first time since 2015 changed the long-term credit rating of Greece, raising it from Saa3 to Caa2, the outlook is positive.

- The Greek government has fulfilled the mandatory reform program, which in the coming days should allow the country to receive another tranche of 8.5 billion euros and pay part of the debts to international creditors. The authorities were able to carry out unpopular measures, including rising taxes, lowering pensions, changing labor laws,.

Moody's stressed that in 2015 Greece was threatened by political instability and withdrawal from the euro area, but now public opinion polls show support by the main political forces of preserving the place in the EU.




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