Pierrakakis: The upgrade by R&I strengthens Greece’s position in international markets

"The upgrade by R&I strengthens Greece’s presumption successful planetary markets," stated National Economy and Finance Minister Kyriakos Pierrakakis connected Monday, pursuing the Japanese recognition standing agency's announcement upgrading Greece’s recognition standing for issuances successful some home and overseas currency to BBB, acknowledging the country’s continued beardown growth, unchangeable fiscal trajectory, improved nationalist indebtedness sustainability, and the enhanced stableness of the fiscal system.

According to the agency’s assessment,the Greek system has outpaced the mean maturation complaint of the eurozone, with GDP expanding by 2.3% successful 2024, and is expected to turn astatine a akin gait successful 2025. Growth is being driven by backstage consumption, tourism activity, investments supported done the European Recovery and Resilience Facility (RRF), and overseas nonstop investment.

R&I emphasised that Greece’s fiscal show remains resilient, maturation is sustainable, and the state continues connected a dependable way of indebtedness reduction.

The minister’s connection reads arsenic follows: "The upgrade of Greece by R&I, a standing bureau with important power successful Asian markets, strengthens the planetary scope of Greece’s creditworthiness. It is yet different measurement successful a people based connected consistency, reform, and corporate effort. With stableness and confidence, we are gathering an system that creates opportunities and prospects for each citizen."