Moody’s: Greece’s New Austerity Measures Lend Credibility to Fiscal Adjustment Plan

Moody’s: Greece’s New Austerity Measures Lend Credibility to Fiscal Adjustment Plan – Moody’s Investors Service today said that the additional fiscal measures announced by the Greek government are consistent with Moody’s current A2 rating, with a negative outlook, for Greece’s government bonds. Today Moody’s also published an Issuer Comment, entitled “A Ten-Point Analysis of Greece’s A2 (Neg) Rating”, which reiterates the rating agency’s rationale behind Greece’s rating and the conditions under which that rating could change – IMN