On tracking status for possible upgrading from the emerging ones to the developed Athens Stock Exchange the FTSE Russel Housel, in its evaluation yesterday, and the next evaluation will take place next September.

According to the FTSE Russell announcement, the Greek stock market is classified as an advanced emerging market and added to the Watch List for a possible rearrangement from a developed to September 2024.

Having been placed on the tracking list, the Greek market must meet the following conditions for the developed market:

-The 22 FTSE market quality criteria.

-The minimum requirements of market capitalization and number of securities based on the details at the closure of December 31 2024 and June 30th 2025;

-Keeping gross national income (AE) “high” and

-A credit rating evaluation in the investment level by the three main credit rating agencies.

Greece meets the 22 FTSE market quality criteria, the minimum investment requirement of capitalization and number of securities based on the closure on December 31, 2024 and has a “HIGH” GA.

The current credit rating “Investment Insurance” for Greece is under consideration after the recent upgrading of Greece by one of the main rating agencies (Moody’s).

In addition, the minimum capitalization and number requirements for Greece will be evaluated on the basis of the data at the closure on June 30, 2025.