Vote of trust gave the Greek economy Japanese evaluation house Rating and Investment Information (R&I), as it announced today (6.10.25) the upgrading of our country’s credit rating developmentthe stable fiscal course, the improvement of public debt sustainability and the enhancement of the stability of the financial system.
According to the assessment of the Evaluation House, the Greek economy has exceeded the average growth rate of the eurozone, with GDP increasing by 2.3% in 2024 and at similar rates in 2025. Private consumption, tourism activity, investments enhanced through the European RESFUL FACE (RRF) and the Red Facult Immediate foreign investment.
R&S also notes that:
- Political stability supports ongoing reforms and fiscal consolidation.
- The banking system has approached the average eurozone terms in terms of non -performing loans (NPEs), thanks to securitization with state warranty and increasing deposits and capital.
- The budget surplus amounted to 1.3% of GDP in 2024, with a primary surplus of 4.8%.
- The ratio of public debt to GDP is estimated to be reduced to 145.7% by the end of 2025, with an average debt duration of about 20 years and available that cover three annual financial needs.
- R&I points out that Greece’s fiscal performance remains durable, growth growth and the country is on a steady debt reduction course.
“The upgrading of Greece by R&I, a significant influence on Asian markets, reinforces the international scope of Greek credit. It is another step in a course based on consistency, reforms and collective efforts of all. With stability and trust, we build an economy that creates opportunities and prospects for every citizen. ” Stated by Minister of National Economy and Finance Kyriakos Pierrakakis said in terms of upgrading from the Japanese R&I house .