Investment-grade sovereign, resilient economy, clean balance sheets: for those who lived through the 2010s, this doesn’t sound much like Greek banking.
Athens’ financial community has recently been abuzz with talk of sovereign credit rating upgrades after its centre-right government beat left and far-left opponents in elections earlier this year. Greece today is one of Europe’s fastest growing economies, with the IMF projecting 2.6% GDP growth in 2023, compared with 0.8% in the eurozone at large and -0.3%
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