Greece has been upgraded by the rating agency Fitch to BBB-, ie. good credit quality. This is Greece’s best rating since 2010 and a testament Greece’s effort and recilience. Finally, all EU countries are back to good credit quality or better.

by spastikatenpraedikat

6 comments

  2. After the EU **bailed them out**…and yet Greece incessantly complained about Germany due to our demand that they reform their financial systems.

  4. Meanwhile 9/10 households can’t save even 1€ after monthly expenses and the average savings rate is negative, ranking Greece the last in Europe over this. 🥲 These ratings mean jack shit when your government only favors megacorp profits.

  6. Other stats about Greece:

    – Between 1960 and 2022, inflation rose by 8% every year
    – [GDP per capita is the third worst in the EU](https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Purchasing_power_parities_and_GDP_per_capita_-_flash_estimate)
    – [Average working hours per week : 40](https://www.statista.com/statistics/419575/main-job-average-weekly-working-hours-greece-y-on-y/#:~:text=The%20average%20weekly%20hours%20worked,remained%20at%20around%2038.76%20hours.)
    – [Average monthly salary : 1180€](https://wagecentre.com/work/work-in-europe/salary-in-greece)
    – [Inflation at 9.6% in 2022](https://www.worlddata.info/europe/greece/inflation-rates.php)
    – [One of the worst work/life balance metric in the EU](https://www.reddit.com/r/MapPorn/s/NlPRnpvOfv)

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