Greece Solidifies "Investment Grade" Status.
Global rating agencies have released a series of bullish reports this month, confirming that the Greek economy has successfully shed its "high-risk" label of the previous decade. On March 10, Morningstar DBRS became the latest agency to reaffirm Greece's BBB credit rating with a stable outlook, citing resilient fiscal performance and structural reforms that have bolstered tax compliance. The report highlighted a rapid decline in the debt-to-GDP ratio, which is projected to fall toward 138% by the end of 2026—a significant drop from 154% just two years ago. For the first time since 2013, major indices like FTSE Russell have begun the process of reclassifying the Athens Stock Exchange back into the "Developed Market" category, signaling a total restoration of investor confidence.
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