Moody’s: Why Agency Kept Greece’s Rating Unchanged

Friday evening’s (Athens time) determination by Moody’s to support Greece’s recognition standing unchanged – astatine Baa3 with a stable forecast – was more-or-less expected, arsenic the planetary bureau recognized the country’s continued economical maturation and betterment of fiscal fig while astatine the aforesaid clip stressing that it continues to beryllium burdened by antagonistic aspects that restrict its potential.

Moody’s had upgraded Greece to the lowest concern people connected its rung successful March 2025. This upgrade came a year and a fractional aft the archetypal concern people elevation by DBRS successful September 2013.

According to Moody’s, the Baa3 standing is supported by the country’s accordant betterment efforts, which person driven improvements successful organization governance, boosted investment, and strengthened the banking sector. While Greece’s debt-to-GDP ratio remains elevated, Moody’s said a favorable indebtedness structure and substantial liquidity buffer mitigate this concern.

Moody’s, considered arsenic the strictest of the planetary recognition ratings agencies, besides cited Athens’ effectual utilization of EU funds.

Source: tovima.com