Prospects of a higher rating for Greece are tied to two issues, Moody's said. «Greece's rating is constrained by the government's relatively high level of debt and by uncertainties regarding its long-term economic growth prospects,» wrote Sara Bertin, author of the report. Agreeing with the assessment, Eurobank economist Platon Monokroussos said a rating upgrade seems improbable with Greece's mountain of debt, high inflation and tardy structural reforms. «I don't see an upgrade in the medium term on the cards unless the government proceeds with structural reforms and better manages its finances,» he said. With public debt standing at 105.8 percent of gross domestic product last year, Greece was the second most indebted country in the eurozone. It plans to reduce debt to 100.2 percent of GDP this year and to 96 percent in 2004.