The Greek prime minister said Moody’s and Scope Ratings’ decisions reflect economic progress, fiscal stability, reforms and a faster reduction in public debt.

Moody’s affirms Greece at Baa3 and turns outlook positive, while Scope upgrades the country to BBB+ but shifts its outlook to stable, citing debt reduction and stronger fiscal resilience

Greece awaits Moody's and Scope ratings today, as focus shifts from investment grade to whether debt cuts can push it higher still.

Moody’s cut Greece’s 2026 and 2027 growth forecasts to 1.7%, citing global risks while maintaining confidence in the country’s strong economic fundamentals

The ratings agency outlined 4 election scenarios, cautioning that prolonged instability could weigh on investment, markets and growth.

Piraeus Bank, Alpha Bank, and Optima Bank were affirmed with stable outlooks. Eurobank and National Bank of Greece were also affirmed, but their outlooks were revised to negative from stable.

Rising energy costs and prolonged geopolitical uncertainty are weighing on Greece’s outlook, with inflation risks, slower growth and structural weaknesses shaping assessments by global lenders and rating agencies.

Moody's said the broader economic environment is expected to stay supportive, with growth continuing to be driven by investment

Moody's notes that most countries projected to cut debt in 2026 have lower credit ratings, with Greece (Baa3) standing out as an exception.

Greek banks benefit from better credit conditions, improved liquidity, and stable funding, which enhances their resilience.

Rating of Baa3 with a stable forecast retained

DBRS chose not to upgrade Greece’s credit rating, with analysts widely anticipating Moody’s will also hold off on any change.

Moody’s upgraded the credit rating of the Municipality of Athens, according to an official statement released by the Municipality, reflecting the city’s ongoing financial progress. “The City of Athens looks toward the future with confidence, reinforced by positive ratings that confirm its steady course,” the statement reads. The global firm raised the rating to Baa3 […]

With a one-day delay, Moody’s upgraded Alpha Bank and Piraeus Bank, following the recent upgrade of the Greek economy. The credit rating agency had already upgraded the other two systemic banks, National Bank of Greece and Eurobank, as well as Attica Bank, the previous night. Specifically, Moody’s raised the credit ratings of Alpha Bank and […]

Moody’s Credit Ratings has upgraded Greek banks, shifting their outlook from positive to stable. Specifically, Moody’s upgraded the long-term deposit ratings and senior ratings of the National Bank of Greece (NBG) to Baa1 from Baa2, as well as its standalone Baseline Credit Assessment (BCA) to baa3 from ba1. The bank’s long-term Counterparty Risk Rating (CRR) […]

The rating agency Moody's raised Greece’s long-term credit rating to Baa3 from Ba1, with a stable outlook.

The stock market has reflected strong performance, with the general index showing resilience and a lack of inward-looking caution.

Multinational investment bank Citigroup forecasts the rating of Greece will be raised by a notch within the next nine months from the top two credit rating agencies, S&P and Moody’s, which control 80% of the market. This would mean that S&P would assess Greece one level above “investment grade,” while Moody’s—currently the only one of […]

Moody's remains the only one of the three major credit rating agencies that still rates Greece at Ba1, one notch below investment grade

The macroeconomic profile also reflects Greece's improved credit conditions, which are still characterized by high levels of non-performing loans (NPLs) compared to the European sector.