Greek Economy Upgraded to BBB Credit Rating by Scope Ratings
Scope Ratings has upgraded Greece’s credit rating from BBB- with positive outlook to BBB with stable prospects. This marks the first upgrade within the investment grade since the economic crisis. Kostis Hatzidakis, Minister of National Economy and Finance, emphasized the significance of this upgrade, citing reduced public debt and the government’s successful financial policies. The rating reflects Greece’s improving economic conditions and aims to enhance financing possibilities for both public and private sectors, leading to increased investments and better job opportunities.