Moody's Upgrades Greece's Credit Rating - Presented by: The Aol. On Network

Moody's ratings agency has upgraded Greece's government bond rating , predicting a gradual decline of the national debt. The agency is also citing a commitment by the bailed out country's conservative-led government to improve public finances. In an announcement late Friday, the agency said it had raised the Greek rating by two notches from Caa3 to Caa1 — still below investment grade. Greece is set to emerge from recession this year for the first time since 2008.



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