A clear message to the Markets, in order to speed up the recovery of the Investment Grade for Greece was sent via Bloomberg by Kyriakos Mitsotakis. The prime minister revealed that in his immediate plans is to accelerate the repayment of the loans from the first rescue package, so that Greece can take a big step towards its goal.

Kyriakos Mitsotakis supports a lot in investments, which are expected to be boosted impressively by the recovery of the Investment Grade, which will bring about more jobs, a reduction in unemployment, better wages and, of course, an increase in the economic cycle in the country.

According to the official data, the amount of loans that will be repaid early by the end of the year, amounts to 5.45 billion euros and will be drawn from the cash reserves of 34 billion euros that exist in the funds. The profit, in addition to the strong message for the Investment Gradeit is also in terms of money, as the country will pay 40 million euros less in taxes.

Mr. Mitsotakis noted that “we will be able before the end of the year to repay (the loans) really ahead of schedule”, speaking of a “commitment to investors”.

Kyriakos Mitsotakis also noted that he aims to regain investment grade this year. “We are already trading as if we were an investment grade country, but we also need the official seal of approval from the rating agencies,” he explained.

“I want to continue to make Greece a very attractive destination for foreign investment,” he said. “Not only are we focused on growth, but we also want to ensure that our debt ratio to GDP will continue to decline at a very rapid rate.”

“The early repayment of loans from the original program, the Greek Loan Facility (GLF), will be a symbolic step for Kyriakos Mitsotakis, as he seeks to put the years of financial crisis that brought Greece into the past.” close to losing its place in the European monetary union and led it to become the only euro country with a junk rating,” reports Bloomberg.

The agency notes at the same time that the Moody’s Investors Service and the Scope Ratings recently reported in their analyzes that Mitsotakis’ victory in the elections is a positive credit event for Greece.

Bloomberg also points out that investors have flocked to Greek bonds this year as estimates point to a recovery to Investment Grade. “This has also led to Greece’s borrowing costs falling to such an extent that the country now pays less than Italy, although Italian debt is considered safer by credit rating agencies. Already our securities are traded as if we were an investment-grade country, but we also need official approval from the houses,” the prime minister said.