Source: Christian Science Monitor
by staff
“Just a decade after teetering on the edge of a national bankruptcy that shook Europe’s economy, Greece is restoring its financial and political bona fides. Its own citizens, fellow members of the European Union, and global observers are taking note of the country’s economic and governance makeover. The Greek stock market is 2025’s best performer worldwide, well above other European bourses and the S&P 500. The country is in a position to pay off massive bailout loans a full 10 years before their due date. Last year, the Greek economy grew twice as fast as that of Germany, a major creditor. And in 2023, Greece regained investment grade status, a year after adopting a National Anti-Corruption Action Plan. To curb a culture of tax evasion and bribery, for example, many government services are now digitized. Prime Minister Kyriakos Mitsotakis hopes such steps will restore trust in institutions and improve investment.” (08/20/25)
https://www.csmonitor.com/Commentary/the-monitors-view/2025/0820/Greece-acquires-the-Midas-touch