Tourism and shipping carry significantly greater weight in the economies of Greece and Cyprus compared with most other European Union countries

Morningstar DBRS has left its forecast for Greece’s economic growth in 2026 unchanged at 2%, despite heightened geopolitical uncertainty, while slightly trimming its 2027 outlook to 1.8%. In an update to its baseline macroeconomic scenarios, the ratings agency said the projections reflect current market consensus, drawing on the median estimates of a broad range of […]

With oil prices spiking and inflation creeping back up, a string of sovereign credit reviews — starting with DBRS on Friday — will put Greece's hard-won investment-grade status to the test

The trend on all ratings has returned to stable from positive,

The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).