The upgrade of Greece’s economy by ratings agencies improves the country’s position but it still has not reached the level it had in 2014, New Democracy (ND) shadow finance minister Christos Staikouras commented in a press release on Sunday.
“Rating agencies upgraded the country’s creditworthiness after the completion of the program review, the delay of which has burdened Greek society with additional austerity measures for many years. The upgrading, however, improves the situation of the country compared to the worst point reached in the days of SYRIZA-ANEL,” he noted.
“We have not yet reached the rating level the country had in 2014. It turns out, once again, that the country, over the past two and a half years, has lost precious time and resources,” he concluded.
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Source: ANA-MPA
