Regarding Greece’s credit outlook, S&P analysts said that a reduction in external imbalances could pave the way for a future upgrade.

S&P’s decision raises the Greek economy to the second notch of investment grade ladder, at BBB with a stable outlook.

Roughly five billion euros was invested in state shares, bonds between 4Q 2022 and 3Q 2023 as a result of recent Greek economy credit rating hikes

The same international ratings agency in October 2023 raised the country’s creditworthiness to BBB- with a stable outlook

The German mass media outlet includes statements from Greek PM Kyriakos Mitsotakis, who said the country has turned a new chapter, and that despite whatever standing problems, "is now a dynamic, outward-looking destination for investors, with a strong voice in the heart of the EU and with an economy experiencing an unprecedented revival.”