06.02.2014 22:55:00

Athens, City of -- Moody's upgrades City of Athens' rating to Caa3 and assigns stable outlook

Milan, February 06, 2014 -- Moody's Investors Service has today upgraded the City of Athens' issuer rating to Caa3 from C. Concurrently, the rating was assigned a stable outlook, in line with the outlook on Greece's sovereign rating. This action concludes the review for upgrade initiated on 4 December 2013.

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