DBRS Morningstar on Friday confirmed its BB (high) ratings for the Greek economy, with trends on all ratings remaining “stable”, which based on the global credit rating agency’s appraisal table means one level away from “investment grade”.
DBRS’s ratings report comes seven days after Germany-based Scope Ratings maintained the rating of the Greek economy at BB+, giving a positive outlook, while adding that the development means “at least a one-in-three probability of an investment-grade rating within 18 months.”
“The stable trend reflects DBRS Morningstar’s view that Greece remains committed to ensuring fiscal and debt sustainability, despite the more challenging macroeconomic environment. On the back of a strong rebound in tourism activity, ongoing improvements in the labour market, and support measures, real GDP growth amounted to close to 6.0% in 2022,” DBRS stated, in beginning its key rating considerations analysis.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
‘Ne Zha 2’ vs. ‘Captain America’: A Cultural Box Office Battle
China’s animated blockbuster 'Ne Zha 2' shatters records and sparks patriotic fervor, while 'Captain America: Brave New World' struggles to win over Chinese audiences in a clash of cinema and culture
U.S.-Russia Talks to Advance, U.S.-Ukraine Near Mineral Deal
U.S. and Russia plan second round of talks despite Ukraine objections; Trump-Putin meeting under consideration
Mitsotakis: Police to Patrol Athens Public Transit for Safety Upgrade
"130 police officers, either in uniform or in plain clothes, are on the suburban train and buses of West Athens"
Storm Coral Brings Polar Chill to Greece – Which Areas Will See Snow?
The icy conditions are expected to persist until Monday, with even colder weather anticipated in the coming hours
Travel Revenues up 5.4% in Dec. 2024: Bank of Greece
Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members accounted for 54.6% of the aggregate receipts in December 2024.
Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.
Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.
Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.
Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries
Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-90x90.png)
![Τουρισμός: Τα απανωτά ρεκόρ και ο αστερίσκος της Σαντορίνης – Το στοίχημα της σεζόν [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/01/tourismos-90x90.jpg)
