It also mentioned, justifying its decision to upgrade Greek economy from B- to B, that the short-term liquidity risk of Greek government reduced and that there are many realistic options to cover the funding gap for 2014-15.

Fitch stressed that the economic data are encouraging and support the main assumption that there will be a gradual recovery of the Greek economy this year, with the growth rate reaching 0.5 % and increased by 2.5% in 2015.

Moreover, Fitch mentioned that some of the factors that could lead to further upgrade of Greek economy, are a strong economic recovery, improving the fiscal situation that will support the main assumption for sustainable primary surplus of 4% of GDP, a successful exit from the aid program with access to markets with affordable interest rates and debt relief concerning loans from the formal sector (OSI) with terms that will significantly improve the long-term dynamics of public debt.