According to rating agency S&P record Greece credit rating has downfall - it հաս dropped from B-/B to CCC+/C, which has negative outlook. This rate is important information for investors, BBC reports.
Official figures also showed that deficit for last year was higher than it was forecasted by its government. The budget deficit was 3.5% of GDP, while it was forecasted to be 0.8% of total output.
Agreement between Greece and its creditors does not seem to happen any time soon; they have meeting on April 24 in Riga. The government is negotiating with the IMF over its debt repayment in 12 May. The debt is €750 million. Athens faces a hard deal; choice between paying IMF and paying wags and pensions of its employees.