Upgrading the Greek debt from Moody’s ratings has paved the way for his return Athens Shipowner in the ripe markets.
The time of upgrading now counts down as on April 8, the FTSE is expected to give the signal for its return to developed capital markets, which will be a milestone for the influx of foreign investors. It is estimated that their height will exceed the 2 billion eurosgiving yet another significant boost to the Athens Stock Exchange and the General Index which is now moving above 1,700 points, despite the geopolitical uncertainty that causes strong turmoil in international stock markets.
It will be yet another positive development of what has been going on in the Greek economy lately after successive upgrades of the country’s credit rating as well as Greek banks.
A decisive point along the way was The upgrade of the Greek economy by Moody’s House with which Greece “locked” the investment level from all major ratings agencies, now expecting new upgrades within the investment level in the coming months.
The positive expectations of the market for the expected developments are evident both by the prices of the big Greek businesses and the high mobility that now appears in the import of businesses into the Greek Stock Exchange.
Already at the level of technical changes, the preparation has been completed in order for the Greek Stock Exchange to meet the new requirements. The next step is to submit the bill to strengthen the capital market in order to expand investor choices and create conditions for the entry of more businesses into it.
The aim is to make the Greek stock market a means of raising cheaper money than Greek companies and mainly from the trunk of small and medium -sized to support the Greek economy with investment initiatives. In this context, in the coming period, the relevant bill in Parliament is expected to adopt the relevant bill.
The key points of the new framework, as it was originally presented, predicted:
- The reduction of 15% to 5% of the tax rate for the interest of listed corporate bonds receiving tax residents of Greece
- Expanding the incentives for Angel Investors and business entry into the alternative market for the stock market, such as the deduction of expenditure to enter small and medium -sized enterprises.
- Incentives for the transfer of listed companies from the main to the alternative market.
- Increase in the turnover limit of € 5 to € 8 million above which the information report will be compulsory instead of information.
- The establishment of a beneficiary’s divestiture regime for those shareholders who do not appear in mergers listed with non -listed companies.
- The ability of AEEAP to expand their investment choices.
- The promotion of the institution of European Green Bonds.
- Manual of checking the complaints submitted to the Securities and Exchange Commission.