One important appointment gives the Greek economy, the Greek banks, the Stock Exchange and the largest listed companies with the 100 most powerful funds of the planet that manage approximately 30 trillion. dollars and with more than 200 administrators.

The appointment will take place in London on Monday and Tuesday, the 27th and 28th of this year, in the context of the 2nd Greek investment conference organized by Morgan Stanley in collaboration with the AX, while Prime Minister Kyriakos Mitsotakis will also be present, opening the curtain of the conference, indicative of the importance given by the government.

The “weapon” of the Greek mission to attract foreign investors is certainly the recovery of the investment grade, with Greece rising from the B’ National to the A’ National.

It is a very important fact that a number of houses have received the investment grade: the Japanese house R&I, the two Chinese houses, the Canadian DBRS, the German house Scope (which by decision of the ECB is now included in the rating houses it recognizes), and of course the Standard & Poors, which is also recognized by the ECB, while Fitch is expected to give an investment grade on December 1.

This means that four of the -now- five houses recognized by the ECB will rate Greece with investment grade as early as 2023.

The recovery of the investment grade creates a different investment audience for the Greek stock market as well and puts its upgrade to the developed markets on the final stretch, possibly in the summer of 2024.

The acquisition of investment grade by Greece will also contribute to the upgrading of the Stock Exchange and the attraction of new funds as the Greek stock market will enter the radar of large long-term funds, for which the Greek stock market is now not investable.

The Greek mission will focus on the growth rates of the Greek economy, which are more than double compared to the rest of Europe, but also on the good image of the fiscal figures.

Special reference will be made to the subject of privatizations, both of the banks, as well as to the emblematic privatization of “El. Venizelos”, but also to the disposal of shares of ELPE.

The concentration of liquidity of more than 8 billion euros in the placement of the 20% of National Bank owned by the HFSF is a strong deposit for the successful outcome of the demanding ventures of the sale of shares of Piraeus Bank, El. Venizelos and ELPE.

The Greek delegation includes the Prime Minister’s economic advisor A. Patelis, the heads of the four systemic banks: P. Mylonas (CEO of Ethniki), Chr. Megalou (managing director of Piraeus Financial Holdings), F. Karavias (managing director of Eurobank) and V. Psaltis (managing director, Alpha Services and Holdings). Banks are expected to “steal” the interest of managers, while interest in energy will also be high.

Also traveling to London will be Mr. E. Mytilineos, P. Tzannetakis (CEO of Motor Oil), K. Mavros (CEO of PPC Renewables) and A. Exarchou (CEO of Intracat).

The listed companies participating in the roadshow of the Stock Exchange and Morgan Stanley in London are the following: ADMIE, Aegean, Alpha, HEXA, EYDAP, Austrian Card, Autohellas, Cenergy, Coca Cola, Ellaktor, ELVALHALCOR, Epsilon Net, Eurobank, Fourlis, GEK TERNA, OPAP, OTE, HelleniQ Energy, Ideal, Intrakat, Intralot, Lamda, Motor Oil, Mytilineos, National Bank, Noval, Optima, Piraeus, PPA, Prodea, Profile, PPC, Sarantis, TERNA Energy, Titan and Biohalco, while the Bank of Cyprus also participates.