S&P Global Ratings reaffirms Greece’s sovereign credit rating at BBB with stable outlook
Updated
Updated · Greek Reporter · Apr 26
S&P Global Ratings reaffirms Greece’s sovereign credit rating at BBB with stable outlook
7 articles · Updated · Greek Reporter · Apr 26
S&P maintained Greece’s rating one notch above investment grade following its semi-annual review, with Fitch, DBRS, and Scope assigning similar ratings, while Moody’s remains one notch lower at Baa3.
Moody’s upgraded Greece’s rating in March, citing strong fiscal improvements, institutional reforms, and a stabilizing political environment as key factors supporting the country’s economic resilience.
Greece’s debt-to-GDP ratio fell by about 50 percentage points since 2020, with further declines projected, though non-performing loans held by credit servicers still pose challenges to broader economic growth.
Can Greece's growth continue with a third of its GDP in distressed debt lingering outside the banks?
As Greece's credit rating soars, why are wages stagnant and rents surging for its citizens?
Greece is rejoining 'developed markets', but can its banks truly fuel the economy while lagging European lending rates?
Is Greece's economic success hiding a fragile foundation of corruption and rising bankruptcies?
How will Greece's economy withstand its high climate risks to secure future growth and investment?