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Greece's Credit Rating Stable Amid Strong Economic Growth

5/18/2025

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Summary

Story summary

Greece's credit rating has been upheld at “BBB-” by Fitch Ratings, reflecting its impressive fiscal health and ongoing debt reduction. With a budget surplus of 1.3% of GDP in 2024 and a robust 2.3% real GDP growth, the outlook remains bright. Fitch anticipates further surpluses and a drop in the debt-to-GDP ratio to 120% by 2030.

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Story summary

Greece's credit rating has been upheld at “BBB-” by Fitch Ratings, reflecting its impressive fiscal health and ongoing debt reduction. With a budget surplus of 1.3% of GDP in 2024 and a robust 2.3% real GDP growth, the outlook remains bright. Fitch anticipates further surpluses and a drop in the debt-to-GDP ratio to 120% by 2030.