Greece in selective default status

Greece in selective default status

The Standard & Poor's rating firm has made a shocking move even for most of the international analysts, downgrading the credit rating of Greece by 5 levels in its scale and placing it in Selective Default status.

Greece in selective default status
The Standard & Poor's rating firm has made a shocking move even for most of the international analysts, downgrading the credit rating of Greece by 5 levels in its scale and placing it in Selective Default status.
 
The previous classification of the Greek rating by S & P was in the CCC range and had "changed" immediately after the famous restructuring of the Greek debt, the well-known PSI + and the issuing of the new bonds.
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