March 28, 2024

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Standard & Poor’s confirms “BB +” for Greece – a stable outlook

Standard & Poor’s confirms “BB +” for Greece – a stable outlook

rating agency Standard & Poor’s Confirmed Greece’s ranking in the level BB +Considering that the prospects stable.

In terms of growth, the home expects 5.8% for 2022, but 1.7% for 2023.

In the accompanying report, the stable outlook reflects the expectation that Greek fiscal reserves and proven policy effectiveness will allow the country to absorb spillover effects on its economy and public finances from the Russo-Ukrainian war.

As he pointed out, Greek economy It can be updated if structural reforms continue, along with stronger-than-expected economic and financial performance.

After a strong 2022, the house anticipates economic growth in Greece 202 will slow down3 at a rate of less than 2%, while more potential energy disruptions in Europe cast a shadow over the forecast.

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