Fitch Revises Greece’s Outlook to Positive, Confirms Credit Rating at ‘BBB-’

Vote of confidence from the American agency, which sends a clear "signal" towards a new rating upgrade - Greece is on a steady path of economic maturity and international credibility, commented sources from the Ministry of Finance.

Amid intense uncertainty at the international level and driven by the faster reduction of public debt and the strengthening of the growth dynamics of the Greek economy, but also the progress that... How Greece successfully passed the new "exams" by Fitch - ΘΑΦΤΕΜΟΠΟΡΙΚΙ

Fitch revises Greece’s outlook to positive, confirms credit rating at ‘BBB-’

Fitch Ratings has affirmed Greece’s credit rating at “BBB-,” revising its outlook from stable to positive.

As confirmation of the "unwavering path of recovery of the country", characterizes the upgrade of the prospects of the Greek economy by Fitch, the Undersecretariat of National Economy and Finance, in an informal information text that it published. Specifically, as it is noted, "the investment house Fitch tonight upgraded the prospects of the Greek economy to positive, from stable which was until today, confirming the unwavering path of recovery …

The rationale behind the rating agency's decision - What the Ministry of Foreign Affairs says

Upgrading the prospects of the Greek economy by Fitch - News Bulletin 247

Fitch places particular emphasis on the country’s durable economic growth – it predicts growth will remain above 2% in 2025 and 2026 The upgrading of the prospects of the Greek economy to “positive” from “stable” was proceeded by Fitch evaluation house on Friday, maintaining the long-term credit rating of the Greek economy in the “BBB-“, which is the lowest step of the house scale. Upgrading the prospects of the Greek economy suggests that the h…