Kyriakos Mitsotakis described the “new double upgrade of the Greek economy’s outlook by Moody’s and, simultaneously, of the country’s credit rating by Scope” as “an example of resilience, growth, reforms, and rapid reduction of public debt.”
Read also: Scope Ratings upgrades Greece to BBB+ with stable outlook
In a social media post, the Prime Minister emphasized that this development confirms “the soundness of the economic policy being pursued, along with the steady and continuous progress of our economy,” adding that “Greece is moving forward despite the stormy weather. With a plan, consistency, hope, and results.”
Mitsotakis’s post on the double upgrade by Moody’s & Scope
The following is Kyriakos Mitsotakis’s full post:
“The new double upgrade — of the Greek economy’s outlook by Moody’s and, at the same time, of the country’s credit rating by Scope — all within a single 24-hour period, confirms the soundness of the economic policy being pursued and the steady, continuous progress of our economy.
In an international environment marked by turbulence and uncertainty, Greece has now become — in the eyes of the very same rating agencies that just a few years ago labeled Greek bonds as ‘junk’ — an example of resilience, growth, reforms, and rapid public debt reduction.
Yesterday’s upgrades reinforce Greece’s image as an island of political and economic stability, and represent yet another milestone in a national success story. Those who insist on dismissing or undermining it are doing a disservice not to the government, but to the true protagonists of this collective effort — the Greek citizens themselves.
This credibility and stability form the foundation for a better future with fewer burdens for our children — so that wages and incomes can rise, more and better jobs can be created, and the state can strengthen its ability to support households and businesses when needed.
Greece is moving forward despite the stormy weather. With a plan, consistency, hope, and results.”
