Economy

Staikouras: Extremely positive development is the upgrade of Greece’s credit rating by DBRS

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Extremely positive development, recognition of the progress and prospects of the economy, characterized the Minister of Finance Christos Staikouras the upgrade of Greece’s credit rating by one notch by the rating agency “DBRS Morningstar”.

“The Greek economy, in the midst of successive and parallel external crises, is taking another important step, with positive effects both domestically and internationally.

Today, the rating agency “DBRS Morningstar” proceeded to upgrade Greece’s credit rating by one notch.

Thus, the country reaches just one “step” before the investment stage.

It is noted that it is the second rating agency, and the first of those selected by the European Central Bank, which puts the country and its economy at this level.

This is an extremely positive development, a recognition of the progress and prospects of the economy.

The upgrade sends the message that the Greek economy is moving steadily in the right direction, even under the current adverse conditions, creating a clean and realistic corridor for obtaining an investment grade, in 2023.

And it takes a step towards achieving a very important goal for its future.

“We continue with full awareness of the difficulties, responsibility, determination and confidence in the economic and social forces of our country, to make the economy more productive, dynamic, extroverted and socially more just and Greece stronger in all respects,” said Mr. Staikouras. .

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