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Fitch Upgrades Greece’s Credit Rating, Boosts Investment Confidence

11/15/2025

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Story summary
  • Fitch Ratings upgraded Greece’s long-term credit rating from BBB- to BBB, citing strong fiscal discipline and debt reduction.
  • The agency projects Greece's public debt will fall from 145% of GDP in 2025 to 120% by 2030, supported by growth and primary surpluses.
  • Minister Kyriakos Pierrakakis welcomed the upgrade and said it would boost investment confidence.
  • Fitch noted improvements in the banking sector, with all systemic banks achieving investment-grade status.