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The governor of the Bank of Portugal has called the measures that the European Commission has taken.
Greece's economy expanded in the first three months of 2017, upwardly revising a previous flash estimate in May that showed a 0.1 percent quarterly contraction.
Moody's is one of the "Big Three" agencies that dominate the issuance of ratings globally, along with S&P Global and Fitch Ratings.
The world’s largest oil producers have agreed to hold back oil production for another nine months in a bid to lift sluggish prices.