Moody’s report says growth prospects uncertain | Business

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In its latest report on Greece, credit rating agency Moody’s says that the country’s low birthrate, along with low investment and savings, casts a pall of uncertainty over economic growth prospects.

On the positive side, it notes that reforms are being accelerated and that the interest paid on debt servicing is low.

Moody’s says that its current credit rating on Greece – B1, four levels below investment grade – reflects Greece’s “moderate” economic power and its higher living…

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Source: ekathimerini.com