Greek Stock Market Could Regain "Developed" Status in Stoxx Review

Globalindex provider Stoxx has placed the Greek stock market on its WatchList for a potential upgrade from “Advanced Emerging” to“Developed Market” status, joining similar assessments madeearlier this year by S&P and FTSE.

Themove signals increasing confidence in Greece’s financial andregulatory

framework, more than a decade after the country’s debtcrisis led to its downgrade from developed status.

Accordingto Stoxx, the reclassification could occur as early as September 22,2025, when it finalizes its annual classification review of 68markets. Greece is among 10 countries, including China, Poland, andCyprus, under review for potential upgrade.

Theupgrade would place Greece alongside 23 other developed markets.Currently, 23 markets are categorized as emerging, 16 as frontier,and six remain unclassified. Countries like New Zealand and Thailand,previously on watch lists, were confirmed in their current categoriesand removed from further review.

Earlierthis month, FTSE Russell maintained Greece’s market status but keptit under observation for a possible upgrade in its next review inSeptember 2025.

Thepotential reclassification is seen as a significant boost forinvestor confidence and could attract more institutional investmentto the Athens Stock Exchange, which has shown strong recovery inrecent years.

Greece’scenter-right government under Prime Minister Kyriakos Mitsotakis hashighlighted such developments as evidence of economic progress.However, opposition parties like Syriza and Pasok remain critical ofthe pace and distribution of recovery benefits across Greek society.

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Τυχαία Θέματα
Greek Stock Market Could Regain Developed Status,Stoxx Review