DBRS, Scope, Moody’s, S&P and Fitch begin the second round of Greece’s 2026 reviews — the key question is no longer whether Athens can defend investment grade, but how far its rapid debt reduction can push the country up the ratings ladder
Friday’s decision helps draw a line under the debt crisis that erupted in 2010 and required three international bailout programs as Greece’s membership of the now 20-member euro zone was thrown into question.
Investors hope the New Democracy party – the clear winner of Sunday’s election, although it fell short of an outright majority – will stay in power after a run-off vote in June and continue reforms, paving the way for recovery of the credit rating from Greece.
Standard & Poor’s upgraded Greece’s credit rating one notch, taking it one step away from investment grade after more than a decade.
