S&P has affirmed Greece’s credit rating at BBB with a stable outlook, one notch above investment grade.

S&P notes that it has done its six-monthly rating on Greece’s credit rating based on the latest data, without publishing a new report.

The agency had upgraded Greece to within investment grade in April last year.

Fitch, DBRS and Scope also rate Greece’s credit rating at the same level as S&P, while Moody’s rates it a notch lower at Baa3.