In a report titled “Greece: political riots and financial crisis erode the economical opportunities of the government” the international finance agency Moody’s warns that the Greek credit rating A1 is very vulnerable and can be lowered. At the same time the possibility for it to increase to level Aa is very small.

“In a country where the domestic debt reaches 93% from the GDP, and the acquittal reaches 11% from the national income, the decrease of the agricultural activity can have unpleasant practical consequences,” said Arno Mare, vice president of Moody’s Sovereign Risk Group.

According to the financial agency for credit ratings the possibilities for operating the Greek government will keep tightening, if the credit prices keep increasing, which any way are the highest in Europe. Moody’s believes that the political situation in Greece does not predispose economical reforms. On the other hand, the economical condition restricts the actions of the Greek government and will lead to change in the last optimistic indexes of the Greek economy.

The agency also comments on the riots in the country caused by the murder of the 16 year old Alexandros Grigoropoulos and assesses them as a result from a long term dissatisfaction of the young people by the opportunities the Greek economy provides. This dissatisfaction grows into mistrust mainly towards the current government but also towards the political system as a whole, which for many years bilks the country’s problems.