Greece will regain investment grade in 2023 as long as a stable gov’t emerges after elections

Greece today does not resemble in any way that highly indebted country of the memoranda, with a hurt and divided socieety, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday at an event.

Addressing a Finance Ministry event on “Greek Economy: Resilience, Progress, Outlook”, Mitsotakis said. “Indeed, after less than 45 months and especially through many and consecutive crises, Greece managed to incorporate national needs into those required by the times, and to turn its strides into leaps to make up for lost time so that Greece today becomes Europe’s pleasant surprise”.

All this, he said, happened while the country was addressing the pandemic and the hybrid attack on its borders, the constant turbulence in the energy and the aggressive behaviour of our neighbours. “The solutions were neither evident or easy, the results vindicate us. The Greek economy was upgraded 12 times and is only a step before the investment grade. I agree with Eurogroup president Paschal Donohoe’s optimism. If a stable goverment emerges on 21 May’s elections, Greece will regain the investment grade in 2023 and will continue its course for the reduction of the public debt” Mitsotakis underlined.

Mitsotakis added that Greece has turned into Europe’s good example. “Greeks are now more confident and optimistic. Our national initiatives were always accompanied by European initiatives. We contributed into the establishment of a more resilient European policy. Our country was injured by a crisis that lasted almost 10 years. There is still distance from the European reality in many sectors. In the upcoming elections, the citizens will compare, judge and finally decide on all those we discussed today not as an evaluation but as milestone of a fascinating course that may bring many more successes”.

SOURCE; ANA-MPA