The R&I rating agency today upgraded the Greek debt by one notch to BB + with a stable outlook, as it judged that the Greek economy will remain on a positive trajectory, despite the pressure of inflation.
At the same time, the development prospects of the country are expected to be strengthened in the medium term. In fact, R&I estimates that Greece will remain on a path of steady growth from 2023 onwards.
Minister of Finance Chr. Staikouras noted that the upgrade brings the country a “step” before the investment stage.
It is noted that it is the fourth rating agency, after Standard & Poor’s, DBRS and SCOPE Ratings, which gives to the Greek State a credit rating equivalent to BB +, ie just one rating before investment grade.
