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Waiting for Fitch to start off this year's ratings race for Greek economy

The eyes of the government financial staff are focused on Greece's meeting with the Fitch rating agency today. Some analysts are not ruling out an upgrade to 'BB+', although the odds are leaning towards the ratings agency waiting until national elections, which are scheduled to be held by July. The government has set a target for the upgrade within 2023 and analysts' expectations put the time frame after the summer as the target. The main reason is the increased likelihood of consecutive elections due to the change in the electoral system, which increases electoral uncertainty and scenarios for a third round at the polls.

Greek Superfund: Scoping out investments for the proceeds of privatizations

The possibility of reinvesting part of its revenues from privatizations will be examined by the Superfund. Having activated its investment role in 2022, the superfund is steadily evolving into a public investment fund in order to create value and prosperity by achieving long-term returns. In this context, it is looking for a consultant who will evaluate and do a feasibility study to improve its investment capabilities, with the aim of increasing the impact of the Superfund on the Greek economy.

Greek economy: New year's beginning with assessment and new borrowing

Greece is on the path of seeking ratings from agencies with the start of January, while in the same month it is expected to pass the "test" of the markets, considering the possibility of new borrowing. The timing of a new exit to the markets depends on conditions in the international bond market. It also links to the messages that Fitch will send. On January 27, the rating agency has an appointment with the Greek economy and will publish its verdict on the Greek debt.

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