Greece's Economic Rollercoaster: From Austerity to Investment Grade.
TL;DR
Greece has achieved a significant milestone in its financial recovery as credit rating agency Fitch upgraded the country's credit rating to investment grade, marking its "greatest turnround". The upgrade is expected to attract more foreign investment and reduce borrowing costs for the country. Greece's economy has been on the rise in recent years, with the government implementing reforms and achieving a budget surplus in 2019.
- Greece's 'greatest turnround': from junk to investment grade Financial Times
- Past austerity haunts Greek election as voters struggle with living costs Reuters.com
- Cost of living soars in Greece despite economic recovery Euronews
- Over €8 bln spent on houses in Greece last year Kathimerini English Edition
- Greece's 'greatest turnround': from junk to investment grade - Businessday
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