“Greece leaves the past, a springboard for further rise,” National Economy and Finance Minister Kostis Hatzidakis said of Moody’s upgrading the Greek economy.

In detail the statement:

“I am glad that my latest statement as Minister of National Economy and Finance is about the awarding of the Greek economy by Moody’s, one of the most important credit rating firms internationally.

Today’s upgrade marks the closure of a large circle for the Greek economy and certifies the country’s return to European regularity. It is the result of the systematic effort that has been made in the last 5.5 years which was not easy, amid international crises and geopolitical instability. And it is obviously a success not only for the government, but of all Greeks.

Now, after Moody’s’s evaluation today, all the European Central Bank recognized the Greek economy is ranking the Greek economy in the investment level. At the same time, upgrading from Moody’s also marks the start of a new cycle. Because the upward course must continue in order for our country to rise even higher. It is up to us not only to leave the crisis permanently behind, but also to continue the upward course of recent years, with plan, seriousness and determination to improve the lives of Greeks and to ensure a positive future for our country.

Moody’s announcement regarding the results of the government’s economic policy is eloquent and no more comments are needed. It is highlighted, among other things, the rapid debt reduction, the increase in tax evasion revenue, without increasing taxes but – on the contrary – by reducing insurance contributions, over -budgeting, the reduction of red loans.

But tangible proof of the progress of the Greek economy is the striking response of investors to the bond editions that the ODRAX proceeded yesterday. Greece has asked the markets of 3 billion euros and, despite international uncertainty, has raised more than € 56.5 billion bids, which is the largest amount recorded for any joint venture from our country.

It is also important that yesterday’s editions and those that preceded the beginning of the year, most of the country’s loan needs for 2025 were met. And safety nets for any possible turmoil may arise in international markets in the coming months. Well done to the ODIX, Bravo to all the contributors to great national success. “