S&P: Rating on Greece is B-; sovereign credit outlook revised to positive from stable

Standard & Poor's recently published its ratings for Greece; with the key quotes, via Reuters, found below:

• Rating on Greece is B-; sovereign credit outlook revised to positive from stable
• Outlook on Greece ratings revised to positive; 'B-' long-term ratings affirmed‍
• Positive outlook indicates view that, over next 12 months, there is at least a one-in-three probability that could raise ratings
• Outlook revision reflects expectation that Greece's general government debt and debt servicing costs will gradually decline
• Recovering economic growth, legislated fiscal reforms, further debt relief, should enable Greece to reduce general government debt-to-GDP ratio through 2020
• Recovering economic growth, legislated fiscal reforms, further debt relief, should enable Greece to also reduce debt servicing costs through 2020