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Greece Has Its Eye on an Upgrade

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https://www.wsj.com/articles/greece-has-its-eye-on-an-upgrade-democracy-stability-recovery-merit-hiring-entrepreneurship-f366a754

After 13 years of junk rating, the country could reclaim investment-grade status, helping Prime Minister Kyriakos Mitsotakis fulfill his mandate for reform.

By

Afroditi Xydi

and

Georgios Laskaris

image
Greek Prime Minister Kyriakos Mitsotakis in Athens, July 25. Photo: Imago/Zuma Press

After almost a decade of crisis, Greece is showing signs of stability and recovery. In the June 25 elections, the center-right party New Democracy was re-elected after four years in power that put the country on a path of institutional restructuring, market-led economic growth, and expanded social support.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Source: https://www.wsj.com/articles/greece-has-its-eye-on-an-upgrade-democracy-stability-recovery-merit-hiring-entrepreneurship-f366a754