The Japanese Rating and Investment Information (R&I) evaluated today announced its upgrade credit rating of Greece for editions in Domestic and foreign currency in BBBrecognizing continuing strong growth, stable fiscal course, improving public debt viability and enhancing the stability of the financial system.

According to the house’s assessment, the Greek economy has exceeded the average growth rate of the eurozone, with the GDP to grow by 2.3% in 2024 and with similar rates in 2025. Private consumption, tourism activity, investments reinforced through the European Recovery and Resilience Facility (RRF) are given to growth. directly foreign investmentthe Ministry of Finance says:

THE House R&S notes also that:

  • Political stability supports ongoing reforms and fiscal consolidation.
  • The banking system has approached the average eurozone terms in terms of non -performing loans (NPEs), thanks to securitization with state warranty and increasing deposits and capital.
  • The budget surplus amounted to 1.3% of GDP in 2024, with a primary surplus of 4.8%.
  • The ratio of public debt to GDP is estimated to be reduced to 145.7% by the end of 2025, with an average debt duration of about 20 years and available that cover three annual financial needs.

R&I points out that Greece’s fiscal performance remains resistantgrowth growth and the country is on a steady debt reduction course.

The Minister of National Economy and Finance Kyriakos Pierrakakis stated on upgrading from the Japanese R&I house: “The upgrading of Greece by R&I, a significant influence on Asian markets, reinforces the international scope of Greek credit. It is another step in a course based on consistency, reforms and collective efforts of all. With stability and trust, we build an economy that creates opportunities and prospects for every citizen. “