Greece's Economy Soars: Fitch Upgrades Credit Rating

Greece Receives Credit Rating Upgrade from Fitch ATHENS, GREECE – May 17, 2025 – Fitch Ratings, a leading global credit rating agency, has upgraded Greece's credit rating, citing the country's improved economic performance. The upgrade reflects a significant reduction in unemployment, a rise in wages, and the overall positive trajectory of the Greek economy. "The upgrade is a significant event," stated Dimitris Tsiodras, a prominent economic analyst featured in a recent news report. "It's a result of consistent improvements over previous years." Tsiodras highlighted the creation of hundreds of thousands of jobs in recent years as a key factor contributing to the upgrade. He emphasized that this job growth stemmed from increased investment, both domestic and foreign, fostered by a climate of economic stability and responsible public policy. The upgrade is a testament to Greece's economic resilience and its successful navigation of past economic challenges. It signals a renewed confidence in the Greek economy and its potential for future growth.