Moody's has upgraded Greece's credit rating from Ba1 to Baa3, shifting the country out of junk territory after years of debt crisis. The upgrade was confirmed by Moody's Ratings. Greece has seen a boost in economic growth, with the central bank of Greece projecting a GDP growth of 2.5% for this year. However, despite these improvements, a significant number of Greeks continue to encounter high food prices and low wages, as highlighted in the report. Moody's mentioned that Greece's sovereign credit profile now shows greater resilience to future shocks, although implementing economic structural reforms will require time.