Feb 26 • 06:46 UTC 🇬🇷 Greece Naftemporiki

Greece awaits credit rating updates from S&P, Moody’s, Fitch, DBRS and Scope

Greece is set to receive credit rating updates from several agencies between March and May, amid ongoing economic assessments.

Greece is preparing for a series of credit rating updates from major agencies including S&P, Moody's, Fitch, DBRS, and Scope, starting from early March and continuing into May. Each Friday during this period, a different agency will announce its evaluation of the Greek economy, which is particularly timely as it coincides with the finalization of the country’s budget for 2025. This wave of ratings will provide crucial insights into Greece's economic trajectory going forward, especially in the context of its recovery from economic challenges in recent years.

The Canadian agency DBRS recently upgraded Greece’s credit rating to BBB, which is just above investment grade, and has kept it at a stable outlook. Furthermore, it has adjusted its growth projections for the Greek economy, predicting a growth rate of 2% for 2026, indicating optimism about Greece's economic recovery. The upcoming updates from other agencies like Moody's, which recently assigned a Baa3 rating, will be critical for market confidence and investment decisions concerning Greek bonds and financial institutions.

Additionally, a recent Supreme Court ruling related to loans under the Katselis law is raising concerns about fresh challenges for Greek banks, as it introduces credit implications that could affect their stability and operational dynamics. This legal outcome may impact the creditworthiness assessments provided by the agencies, as they evaluate potential risks to the banking sector amidst evolving economic conditions. The upcoming ratings will play a significant role in shaping investor confidence and signaling the country's economic status on global platforms.

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