--- title: "LIVE MARKETS-Greece stocks take another step closer to potential rating upgrade" description: "Greece's stock market is nearing a potential upgrade to developed-market status, according to MSCI's annual market accessibility review. The index provider noted improvements in Greece's economic fund" type: "news" locale: "en" url: "https://longbridge.com/en/news/245393103.md" published_at: "2025-06-20T08:07:48.000Z" --- # LIVE MARKETS-Greece stocks take another step closer to potential rating upgrade > Greece's stock market is nearing a potential upgrade to developed-market status, according to MSCI's annual market accessibility review. The index provider noted improvements in Greece's economic fundamentals and market reforms, which have been validated by participants. Moody's recently upgraded Greece's debt rating to investment grade, reflecting progress in debt sustainability. Athens equities have surged over 100% since 2021, outperforming European indices. Other index providers are also considering Greece for a potential upgrade, with MSCI's report due on June 24 being closely watched by fund managers. Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at . ### GREECE STOCKS TAKE ANOTHER STEP CLOSER TO POTENTIAL RATING UPGRADE MSCI came out with its annual market accessibility review on global equity markets and things are looking pretty bright for Greece. The index provider confirmed that measures taken by the government to improve its economic fundamentals along with market reforms were bearing fruit, putting its equities market on track to achieve developed-market status. MSCI said measures introduced by authorities to manage pooled assets and stimulate stock lending and short-selling activity were adopted and validated by market participants - key issues that the index provider had flagged, not just in its 2024 review, but also when it downgraded the market to ‘emerging market’ status in 2013. In March, Moody’s became the last among major credit rating agencies to lift Greece’s debt rating to “investment grade”, acknowledging the efforts taken to improve debt sustainability. Athens equities (.ATG) have jumped over 100% since 2021 and has outperformed both Europe’s STOXX 600 (.STOXX) and the broader MSCI emerging markets stocks index (.MSCIEF) so far this year. Greece has made a steady recovery from a debt crisis that started in 2009 and almost saw it drop out of the euro before an international bailout. However, as a sign of its comeback, the government has been repaying bailout loans and debt ahead of schedule. Its banks - which had to be bailed out during the crisis - are fully privatised again and some of them have also started paying dividends. Other index providers including S&P Dow Jones and FTSE Russell have put the Athens stock market on a watchlist for a potential upgrade to developed market status. However, the market classification report by MSCI due on June 24 is the one that major fund managers will be keeping a keen eye on. (Johann M Cherian) ### EARLIER LIVE MARKETS POSTS: ### ALL ABOUT OIL CLICK HERE ### EUROPE BEFORE THE BELL: SOME RELIEF CLICK HERE ### MORNING BID EUROPE-MARKETS BREATHE EASIER AS TRUMP HEDGES ON IRAN CLICK HERE Greek stocks rally as reforms take effect ### Related Stocks - [MCO.US - Moodys](https://longbridge.com/en/quote/MCO.US.md) - [MSCI.US - MSCI](https://longbridge.com/en/quote/MSCI.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | What's Going On With Moody's Corporation Stock Today? | Moody's Corporation (NYSE:MCO) shares rose 6.17% to $449.53 after exceeding Q4 expectations with adjusted EPS of $3.64 a | [Link](https://longbridge.com/en/news/276260960.md) | | Moody's Corporation $MCO Shares Acquired by Vanguard Group Inc. | Vanguard Group Inc. increased its stake in Moody's Corporation (NYSE:MCO) by 1.1% in Q3, owning 15,170,285 shares valued | [Link](https://longbridge.com/en/news/276124761.md) | | ZAWYA-PRESSR: Moody’s establishes regional headquarters in Saudi Arabia, deepening presence in region | Moody's Corporation has established a regional headquarters in Riyadh, Saudi Arabia, to support the development of the K | [Link](https://longbridge.com/en/news/276313519.md) | | Moody's Withdraws All Ratings for UAE's e& | Moody's Withdraws All Ratings for UAE's e& | [Link](https://longbridge.com/en/news/275703937.md) | | Moody's Upgrades BAE Systems Ratings on Elevated Demand, Revises Outlook to Stable | Moody's Upgrades BAE Systems Ratings on Elevated Demand, Revises Outlook to Stable | [Link](https://longbridge.com/en/news/274980976.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.