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Prime Minister Kyriakos Mitsotakis said the latest credit rating upgrades for Greece confirm the government\u2019s economic policy and the country\u2019s steady economic progress.<\/p>\n
In a post, Mitsotakis referred to the decision by Moody\u2019s to upgrade Greece\u2019s economic outlook from stable to positive, while Scope Ratings upgraded Greece\u2019s credit rating to BBB with a stable outlook.<\/p>\n
\u201cThe new double upgrade of the Greek economy\u2019s outlook by Moody\u2019s and, at the same time, the country\u2019s credit rating by Scope, within a span of twenty four hours, confirms the correctness of the economic policy being pursued, along with the steady and continuous progress of our economy,\u201d Mitsotakis said.<\/p>\n
He said the upgrades came at a time of international turmoil and uncertainty, arguing that Greece is now viewed by the same international rating agencies that once classified its bonds as \u201cjunk\u201d as an example of resilience, growth, reforms and rapid public debt reduction.<\/p>\n
\u201cYesterday\u2019s upgrades confirm the image of Greece as an island of political and economic stability and constitute another piece of a national success,\u201d the prime minister said.<\/p>\n
\u201cThose who insist on nullifying or cancelling it are not doing an injustice to the government but to the protagonists of this collective effort, who are the citizens themselves,\u201d he added.<\/p>\n
Mitsotakis said economic reliability and stability would provide the foundation for higher wages and incomes, the creation of more and better jobs, and a stronger ability for the state to support households and businesses when necessary.<\/p>\n
\u201cThat reliability and stability is the basis for a better future with fewer burdens for our children, so that wages and incomes increase, more and better jobs are created and the state\u2019s ability to support households and businesses is strengthened when necessary,\u201d he said.<\/p>\n
Concluding his statement, Mitsotakis said Greece was continuing to move forward despite the difficult international environment.<\/p>\n
\u201cGreece is moving forward despite the stormy weather. With a plan, consistency, hope and results,\u201d he said.<\/p>\n
Source: SKAI<\/strong><\/p>\n