Regarding the possibility of Greece regaining investment grade before the elections, Mr. Staikouras said that he prefers to stick to the government’s initial estimate for 2023.
“Europe is slowing down in 2023, but even in this situation in which it is estimated that half of the countries will be in recession, we estimate that Greece will have a rate of just under 2%, which is better than the OECD estimates,” he said. on SKAI 1003, Finance Minister Christos Staikouras.
Regarding the possibility of Greece regaining investment grade before the elections, Mr. Staikouras said that he prefers to stick to the government’s initial estimate for 2023.
He justified his position by pointing out that the essential criterion for such a prediction is the external environment.
“If this is not stabilized, no one can make estimates about what effects it will have on the economies, and much more on the Greek one, which is one step below the investment grade,” he stressed.
Mr. Staikouras, however, characterized as very important the fact that we had 11 upgrades of the Greek economy in the last three years and four upgrades during the energy crisis.
“It is very realistic and possible to do it within 2023, but under the condition that we continue this responsible and prudent fiscal policy,” he said.
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