To read this content please select one of the options below:

Greece may regain investment grade in 2023

Monday, February 20, 2023


Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing costs and make Greek financial assets attractive for a wider pool of investors.


  • The governing New Democracy party will use the prospect of a rating upgrade in its election campaign.
  • The government’s Funding Strategy envisages debt stock declining from 169% of GDP in 2022 to 159% in 2023.
  • Greece would tap a new investor pool with the issuance of an inaugural green government bond.

Related articles

Expert Briefings logo