Another important moment for Greece arrives tomorrow Thursday (18.4.2025) as our economy evaluated by the US House is scheduled Standard & Poor’s (S&P), with Nike Street hoping for yet another upgrade that will make the Greek titles even more attractive public debt.
The circumstances in which this S&P assessment takes place is not favorable, as the trade war has sowing a worldwide political and economic uncertainty that “obscures” the prospects, despite the fact that Greece’s public debt is claiming and gaining better dealing with bond markets.
It is noteworthy that just yesterday, the auction for a bond re -issuance of the Public Debt Management Organization (ODRIX) ended up distributing strong demand by overtaking the 200m -euro target, giving reduced performance, falling to 2.34% from 2.38%.
Greece’s position in debt markets has also improved thanks to the upgrades that the Greek is won, with the most important of the most recent, on the one hand, on the one hand of Moody’s which was the last one who had not given the investment grade, on the other hand and the DBRS, which uploaded our country to an even higher Investment Grade.
Expectations and “bells”
No one can prejudge what S&P will finally decide tomorrow tomorrow. On the Greek government, they bet on the strong rates of growth of the Greek economy, which even after the latest downgrades in the shade of tariff chaos, are placed higher than the eurozone, with the IOBE and the BoG to “throw” their prediction from 2.4% to 2.4%.
The Greek government is also betting on the growing “health” of the banking system with the increasing cleansing of red loans portfolios as a direct result of the Hercules program.
However, the juncture is not the same as a few weeks ago, when the US and EU -China duty barrage began. Already, from April 4, just 2 days after the outbreak of the last and most intense phase of the trade war, the S&P, which is called upon to evaluate our economy tomorrow, announced that it will review all its macroeconomic forecasts on the lord for this year.
Other evaluating houses with DBRS reports that diffuse uncertainty remains, despite the 90 -day truce, about the effects on world state credit ratings, and estimates that all areas of the world are affected by US duties and US duties.
How to “borne” the above in tomorrow’s S&P evaluation is hours to find out. If, that is, the US house will be influenced by the international environment and keep Greece on its own, or if it will follow the Canadians of DBRS and “peel off” the Greek debt from the BBB- with a positive outlook.