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Fitch Ratings Upgrades Greece, Citing Strong Debt Reduction and Economic Growth
Fitch Ratings upgrades Greece to BBB with stable outlook. Credit: Wikimedia Commons / Shashank457 / CC BY SA 4-0 Fitch Ratings has upgraded Greece’s long-term credit rating to BBB from BBB-, shifting the outlook from positive to stable in its latest review. The move marks another milestone in the country’s post-crisis recovery, driven by consistent debt reduction, strong fiscal results, and economic growth that continues to outpace the eurozone.…
Fitch Ratings has upgraded Greece to investment grade, bringing the cycle of this year's ratings for our country to a close. Specifically, it upgraded Greece's credit rating to BBB with a stable outlook from BBB- with a positive outlook. Fitch had given Greece investment grade in December 2023 and this year in May upgraded its credit rating outlook to positive.
What the rating agency says about the Greek economy
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