Greece on the cusp of investment grade rating
The head of the Bank of Greece, Yannis Stournaras, is adamant that 2023 will be the year when Greece finally regains investment grade after over a decade in the junk-bond wilderness. In an interview with the Financial Times, Stournaras also stressed the importance of the country maintaining fiscal prudence and reforms, while taking advantage of a “window of opportunity” to significantly lower its debt burden. Eleni Varvitsioti, the Financial Times correspondent for Greece and Cyprus based in Athens, joins Thanos Davelis to look into how soon Greece can finally consign its junk status to history, look at the key challenges that still need to be addressed for the Greek economy, and explore how inflation - which is proving to be a top priority for central bankers across Europe - will impact Greece.
Read Eleni Varvitsioti’s interview with Yannis Stournaras in the Financial Times: Greece months away from investment-grade rating, says central bank chief
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