“The rating agency” S&P Global Ratings “today proceeded to upgrade Greece’s credit rating by one notch. This makes it the third rating agency, and the second of those selected by the European Central Bank, which places the country one, just,” step “before the investment stage”, said the Minister of Finance Christos Staikouras for the upgrade of the country’s credit rating by the rating agency “S&P Global Ratings”.
“This is the 9th – in a row – upgrade of the Greek economy in the last two and a half years, despite the successive and successive crises” he pointed out and added: insightful publishing strategy, high cash resources, the implementation of structural changes, the improvement of the quality of the country’s wealth through the increase of investments and exports, the reduction of “red” loans in the banks’ portfolios, the reduction of unemployment, the improvement of competitiveness of the economy”.
“However, we do not ignore the great challenges, the risks and the new data that the recent developments are shaping”, added Mr. Staikouras, noting that “for this reason, we continue with responsibility and prudence to support households and businesses in the best to the extent possible, while at the same time remaining faithful to our central goal of achieving strong and sustainable growth, the creation of many good jobs and the further strengthening of social cohesion. “
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