O of her time upgrade of Greek stock market It seems to count now, at least in line with the expectations of the Athens Stock Exchange Group.
His belief in upgrading the Hellenic Stock Exchange on a developed market by at least one international investment firm in 2025 was recently expressed by HELEX Managing Director Yiannos Kontopoulos, considering that the relevant chances of success exceed 50%.
Also, Metlen’s president and CEO Mr. Evangelos Mytilineos, speaking to the company’s general meeting of the company, estimated that the Greek stock market would soon be upgraded to a developed market, with a high chance of serious capital inflows in Europe and Greece.
It will be judged next July whether the ATHEX will upgrade. In developed markets Standard & Poor’s, in September, is expected to be expected by FTSE and in April 2026, Stoxx will be decided.
It should be noted that on April 8th FTSE maintained the Athens Stock Exchange on the Watch List for possible upgrading to developed markets, and there were expectations for upgrading.
The most important house, MSCI, who is the only house that has not put the Greek market on a watch list, is expected to evaluate it this year June (June 24, 2025), and as the ATHEX administration said the House has revised the evaluation methodology.
An ATHEX upgrade will confirm the progress made in the critical sizes of both the market and the Greek listed companies.
The Greek Stock Exchange is the only eurozone stock market that has been degraded since 2013 and was found by developed markets in emerging.
On Wednesday, June 12, 2013, the Hellenic Stock Exchange was downgraded by the most important rating index in the world, MSCI, with 12 trillion assets. dollars, watched by the largest international houses. There has been no such degradation for any other stock markets.
Influx
The positives of the upgrade is to mention the difference between the funds moving to the emerging and developed markets. In the first category there are about 2 trillion. dollars and in developed about 15 trillion. dollars. So the “lake” of capital in developed markets is much larger.
But it is worth noting that 70% of funds follow the MSCI indicators, making the upgrade from MSCI critical factor.
The upgrade of ATHEX It will be a milestone for the influx of capital investors. It is estimated that their amount will exceed 2 billion euros, giving another significant boost to the Greek stock market.
As Mr. G. Kontopoulos noted since the end of 2024, following the FTSE decision to integrate the Greek stock market on a watch list, the move to the Athens Stock Exchange began, with funds investing in emerging markets to give their places respectively.
The direction of capital from the US observed to Europe lately has been favored by ATHEX as it has higher growth than the eurozone average and the strong growth story of the Greek economy will remain “alive” for the next two years, according to international houses.
The significant increase in trading activity observed in 2025 is significantly linked to the upgrading expectation. Traffic activity is at the highest levels since 2010 with the average daily transaction value in 2025 at 190 million. Euro from 140 million, 2024, increased by 35%. In the last three years it has increased by 167%, from € 71 million in 2021 to 190 million euros today.
The presence of foreign investors in the Greek market continues to be strong, with its participation in capitalization being 68.1% and in the business of 61.5%, while 2025 is buyers but inputs of EUR 387 million and € 1,384 billion in the three-year period 2022-2025. It also increases 20%.
The return to the developed markets is a large bet for the Greek Stock Exchange, which has lost, due to the great economic crisis and the degradation of the country’s debt, its position on the indicators of developed markets, resulting in the Greek market only for the small market for the small markets. purchases, which negatively affects trading activity and shares.
Upgrading will enhance the prestige and image of the ATHEX, attracting more investment funds. The listed ones will have access to more capital, investing in developed markets, enhancing the growth of the Greek economy.
However, many discussions have caused some exhibitions of some houses, such as JP Morgan that Greece would be best to remain in emerging markets.
First in the village or last in the city? The “answer” of the CEO of the Athens Stock Exchange, Mr. G. Kontopoulos, which he likes to give is: “A Super League 2 team aimed at the Super League 1.
Source: RES-EIA