November 22, 2024

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Scope: Greece rating maintained at BBB-, but outlook raised to positive

Scope: Greece rating maintained at BBB-, but outlook raised to positive

Scope Ratings maintained Greece’s rating at BBB- (investment grade), but raised the outlook to positive from stable.

It is worth noting that SCOPE has given Greece an investment grade.

K. Hatzidakis: The domain upgrade is evidence of the positive prospects of our economy

Hatzidakis: Domain upgrade is evidence of positive prospects for our economy

“Today’s upgrade of the Greek sovereign debt outlook from stable to positive by Scope Ratings, following the corresponding upgrade by Standard & Poor’s last April, unequivocally confirms the success of the implemented economic policy and the positive outlook for Greece,” Minister of National Economy and Finance Kostis Hatzidakis stressed in his statement.

“The SCOPE report highlights, among other things, the rapid reduction of public debt, the achievement of strong surpluses, the reduction of non-performing loans, along with the divestment of systemic banks and the adoption of structural reforms, which enhance resilience and growth dynamics in advanced economies.” Economy.

Today’s assessment is therefore a message of continuity and acceleration of the economic policy implemented by the government. “We are therefore moving forward with financial seriousness, with the aim of increasing investment attraction, rapprochement with the European Union and strengthening social policy,” added Kostis Hatzidakis.

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