Feb 25 • 04:32 UTC 🇬🇷 Greece Naftemporiki

Rating Agencies: What Greece Expects from S&P, Moody’s, Fitch, DBRS, and Scope

Greece is set to undergo a series of economic ratings by various agencies from March to May, coinciding with the publishing of budget estimates for 2025.

In March, Greece will embark on the first round of economic ratings, expected to conclude in May, alongside the publication of the final figures for the 2025 budget. Between March 6 and 20, each Friday will witness a rating agency announcing its assessments of the Greek economy. The Canadian agency DBRS will kick off this process on March 6, having upgraded Greece's credit rating to 'BBB' in the previous March, now maintaining a 'stable' outlook. DBRS has also raised its economic growth forecast for Greece to 2% for 2026, suggesting positive trajectories in its economic recovery.

Following DBRS, Moody’s is anticipated to provide its evaluation on March 13. After some delays, the American agency previously issued the minimum investment grade rating for Greece and has been closely monitoring the country's economic performance. These upcoming assessments are critical for Greece as they can significantly impact foreign investments and economic policy decisions. The credibility and stability reflected in these ratings are essential for Greece's economic trajectory and its aspirations for enhanced international financial partnerships.

As these ratings unfold, the implications for Greece's economic standing will be closely observed by both investors and policymakers. The establishment of a robust financial stability and growth outlook is vital for Greece, particularly in light of its past financial struggles. Positive ratings could bolster investor confidence, while any negative revisions might trigger concerns regarding economic vulnerabilities and slow recovery processes. Hence, how these agencies assess Greece will play a crucial role in shaping its economic landscape for the years to come.

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