Greek debt

In 2025, Greece's general government debt is forecast to fall to 149.1% of GDP, with its nominal value at 361.4 billion euros

At the same time, the formerly bailed east Mediterranean country records the biggest decrease in debt-to-GDP, on a quarterly basis

Fitch sees the ECB announcing a reduction, by 75 basis points, in rates as of June 2024, and dropping to 3.75 percent by the end of 2024

The upgrade reflects key rating drivers and their relative weights, such favorable debt dynamics and a commitment to fiscal consolidation