Fitch reaffirms Greece's credit rating at BBB

On November 7, 2026, the international rating agency Fitch reaffirmed Greece’s sovereign credit rating at the BBB level, maintaining a stable outlook for the country's economy.

Fitch noted that Greece’s current rating reflects its higher per capita income and superior governance quality compared to the median for other countries in the BBB category. These strengths are balanced against the country's very high public debt, persistent external imbalances, and structural growth limitations. Despite these challenges, the agency highlighted that the debt is decreasing at a rapid pace, which strengthens debt sustainability. Furthermore, Fitch identified the reliable policy framework stemming from Greece's membership in the European Union and the Eurozone, along with prudent fiscal policies and resilient economic growth, as key factors that have bolstered the nation's fundamentals.

The agency maintains the BBB rating based on the expectation that Greece will continue its trajectory of fiscal discipline. The assessment suggests that while structural hurdles remain, the current policy environment is successfully managing the risks associated with public debt reduction.