Saturday, 10 December 2022

EUROGROUP HEAD SEES GREECE OBTAINING INVESTMENT GRADE


 


Eurogroup President Paschal Donahoe said he is convinced that Greece's debt can achieve the ratings deserved by the performance of the Greek economy in an interview with Capital.gr news outlet.

Donohoe observed that the Eurogroup's decision on Greece is proof of the work achieved thus far and the EU's faith in the country's economic future.

"Therefore the work must continue as it is indeed happening," he noted.

Asked about Greece's fiscal outlook given that it holds one of the highest rates of debt in the EU  the Eurogroup has noted that he was absolutely confident in the Greek economy's ability to manage its current debt level.  

 

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