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Greece’s ‘greatest turnround’: from junk to investment grade

More than decade after bailouts and austerity measures pulled Greece from the brink of bankruptcy and a eurozone exit, the country has rebounded and is on the cusp of regaining its investment-grade rating.

S&P recently changed its outlook for the country from stable to positive. A full upgrade would put Greece at triple B minus, the rating agency’s lowest investment grade rating.

Many, including the country’s central bank governor, expect…

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