Source link : https://europ.info/2025/11/17/fitch-upgrades-greeces-long-term-credit-rating-signaling-stronger-economic-outlook/
Fitch Ratings has upgraded Greece’s long-term default rating, signaling renewed confidence in the country’s economic recovery and fiscal management. The international credit agency’s decision reflects improved growth prospects and ongoing structural reforms, marking a significant milestone for Greece amid years of financial challenges. This upgrade, reported by The National Herald, is expected to enhance investor sentiment and strengthen Greece’s position in global markets.
Fitch Agency Elevates Greece’s Long Term Default Rating Signaling Economic Improvement
Fitch Ratings has officially raised Greece’s long-term foreign currency issuer default rating, reflecting a strong signal of sustained economic progress. This upgrade underscores the country’s improved fiscal position, enhanced debt sustainability, and more stable political environment, which have collectively contributed to a brighter outlook for investors. According to Fitch, key drivers behind the revision include:
- Robust GDP growth supported by tourism and exports
- Continued reduction in public debt levels
- Successful implementation of structural reforms
- Improved credit metrics and budgetary discipline
The rating agency’s positive stance is detailed in the table below, showcasing Greece’s rating trajectory over the last five years, highlighting the significant turnaround from previous assessments:
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Author : Samuel Brown
Publish date : 2025-11-17 19:10:00
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