Rating: Greece Credit Rating 2025

Rating Moody's Greece

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2025-03-14	Baa3 (Stable)
2024-09-13	Ba1 (Positive)
2023-09-15	Ba1 (Stable)
2023-03-17	Ba3 (Positive)	2025-03-14	Baa3
2022-09-16	Ba3 (Stable)	2024-09-13	Ba1
2020-11-06	Ba3 (Stable)	2023-09-15	Ba1
2019-03-01	B1 (Stable)	2023-03-17	Ba3
2018-02-21	B3 (Positive)	2022-09-16	Ba3
2017-06-23	Caa2 (Positive)	2020-11-06	Ba3
2016-10-14	Caa3 (Stable)	2019-03-01	B1
2015-09-25	Caa3 (Stable)	2018-02-21	B3
2015-07-01	Caa3 (Under Review)	2017-06-23	Caa2
2015-04-29	Caa2 (Negative)	2016-10-14	Caa3
2015-02-06	(Under Review)	2015-09-25	Caa3
2014-08-01	Caa1 (Stable)	2015-07-01	Caa3
2013-11-29	Caa3 (Stable)	2015-04-29	Caa2
2012-03-02	C	2014-08-01	Caa1
2011-07-25	Ca	2013-11-29	Caa3
2011-06-01	Caa1 (Negative)	2012-03-02	C
2011-05-09	(Under Review)	2011-07-25	Ca
2011-03-07	B1 (Negative)	2011-06-01	Caa1
2010-12-16	(Under Review)	2011-03-07	B1
2010-06-14	Ba1 (Stable)	2010-06-14	NP
2010-04-22	A3 (Under Review)	2010-04-22	A3
2009-12-22	A2 (Negative)	2009-12-22	A2
2009-10-29	(Under Review)	2009-12-03	A1
2009-02-25	(Stable)	2003-09-16	P-1
2007-01-11	(Positive)	2002-11-04	A1
2003-11-15	(Stable)	1999-07-14	A2
2002-11-04	A1	1999-03-04	A2
1999-07-14	A2	1998-06-17	Baa1
1996-12-23	Baa1	1998-03-26	Baa1
1994-05-24	Baa3	1997-11-28	Baa1
1990-07-19	Baa1	1997-01-28	A2

Moody's: Long term Rating

Rating S&P Greece

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2024-04-19	BBB- (Positive)
2023-10-20	BBB- (Stable)
2023-04-21	BB+ (Positive)
2022-04-22	BB+ (Stable)
2021-04-23	BB (Positive)	2024-04-19	BBB-
2020-04-24	(Stable)	2023-10-20	BBB-
2019-10-25	BB- (Positive)	2023-04-21	BB+
2018-07-20	(Positive)	2022-04-22	BB+
2018-06-25	B+ (Stable)	2021-04-23	BB
2018-01-19	B (Positive)	2019-10-25	BB-
2017-07-21	(Positive)	2018-06-25	B+
2016-01-22	B- (Stable)	2018-01-19	B
2015-07-21	CCC+ (Stable)	2016-01-22	B-
2015-06-29	CCC- (Negative)	2015-07-21	CCC+
2015-06-10	CCC (Negative)	2015-06-29	CCC-
2015-04-15	CCC+ (Negative)	2015-06-10	CCC
2015-02-06	B-	2015-04-15	CCC+	2023-10-20	A-3	2023-10-20	A-3
2014-09-12	B (Stable)	2015-02-06	B-	2016-01-22	B	2016-01-22	B
2012-12-18	B- (Stable)	2014-09-12	B	2015-04-15	C	2015-04-15	C
2012-12-05	SD	2012-12-18	B-	2012-12-18	B	2012-12-18	B
2012-08-07	(Negative)	2012-12-05	SD	2012-12-05	SD	2012-12-05	SD
2012-05-02	CCC (Stable)	2012-05-02	CCC	2012-05-02	C	2012-05-02	C
2012-02-27	SD	2012-02-27	SD	2012-02-27	SD	2012-02-27	SD
2011-07-27	CC (Negative)	2011-07-27	CC	2011-05-09	C	2011-05-09	C

S&P: Long term Rating

Rating Fitch Greece

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
				2020-04-23	B
				2020-01-24	B
2023-01-27	BB+ (Stable)	2023-01-27	BB+	2019-08-02	B
2020-04-23	BB	2020-04-23	BB	2019-02-08	B
2020-01-24	BB	2020-01-24	BB	2018-08-10	B
2019-08-02	BB-	2019-08-02	BB-	2018-02-16	B
2019-02-08	BB-	2019-02-08	BB-	2017-08-18	B
2018-08-10	BB- (Stable)	2018-08-10	BB-	2017-02-24	C
2018-02-16	B (Positive)	2018-02-16	B	2016-09-02	C
2017-08-18	B- (Positive)	2017-08-18	B-	2016-07-22	C
2017-02-24	CCC	2017-02-24	CCC	2016-03-11	C
2016-09-02	CCC	2016-09-02	CCC	2015-11-13	C
2016-07-22	CCC	2016-07-22	CCC	2015-08-18	C
2016-03-11	CCC	2016-03-11	CCC	2015-06-30	C
2015-11-13	CCC	2015-11-13	CCC	2015-05-15	C
2015-08-18	CCC	2015-08-18	CCC	2015-03-27	C
2015-06-30	CC	2015-06-30	CC	2014-11-21	B
2015-05-15	CCC	2015-05-15	CCC	2014-10-15	B
2015-03-27	CCC	2015-03-27	CCC	2014-09-16	B
2014-11-21	B (Stable)	2014-11-21	B	2014-09-03	B
2014-10-15	B (Stable)	2014-10-15	B	2014-08-19	B
2014-09-16	B (Stable)	2014-09-16	B	2014-08-12	B
2014-09-03	B (Stable)	2014-09-03	B	2014-08-04	B
2014-08-19	B (Stable)	2014-08-19	B	2014-07-17	B
2014-08-12	B (Stable)	2014-08-12	B	2014-06-17	B
2014-08-04	B (Stable)	2014-08-04	B	2014-06-10	B
2014-07-17	B (Stable)	2014-07-17	B	2014-05-23	B
2014-06-17	B (Stable)	2014-06-17	B	2014-05-06	B
2014-06-10	B (Stable)	2014-06-10	B	2014-04-15	B
2014-05-23	B (Stable)	2014-05-23	B	2014-04-11	B
2014-05-06	B- (Stable)	2014-05-06	B-	2014-04-02	B
2014-04-15	B- (Stable)	2014-04-15	B-	2014-03-28	B
2014-04-11	B- (Stable)	2014-04-11	B-	2014-02-26	B
2014-04-02	B- (Stable)	2014-04-02	B-	2014-01-31	B
2014-03-28	B- (Stable)	2014-03-28	B-	2014-01-24	B
2014-02-26	B- (Stable)	2014-02-26	B-	2013-12-27	B
2014-01-31	B- (Stable)	2014-01-31	B-	2013-12-05	B
2014-01-24	B- (Stable)	2014-01-24	B-	2013-11-28	B
2013-12-27	B- (Stable)	2013-12-27	B-	2013-10-01	B
2013-12-05	B- (Stable)	2013-12-05	B-	2013-08-30	B
2013-11-28	B- (Stable)	2013-11-28	B-	2013-07-29	B
2013-10-01	B- (Stable)	2013-10-01	B-	2013-06-24	B
2013-08-30	B- (Stable)	2013-08-30	B-	2013-06-07	B
2013-07-29	B- (Stable)	2013-07-29	B-	2013-05-14	B
2013-06-24	B- (Stable)	2013-06-24	B-	2013-03-26	C
2013-06-07	B- (Stable)	2013-06-07	B-	2013-03-01	C
2013-05-14	B- (Stable)	2013-05-14	B-	2013-02-28	C
2013-03-26	CCC	2013-03-26	CCC	2012-10-26	C
2013-03-01	CCC	2013-03-01	CCC	2012-09-07	C
2012-05-17	CCC	2013-02-28	CCC	2012-05-17	C
2012-03-14	B- (Stable)	2012-10-26	CCC	2012-03-14	B
2012-03-09	RD	2012-09-07	CCC	2012-03-09	C
2012-02-22	C	2012-05-17	CCC	2012-02-22	C
2011-12-28	CCC	2012-03-14	B-	2011-12-28	C
2011-10-26	CCC	2012-03-09	RD	2011-10-26	C
2011-07-13	CCC	2012-02-22	C	2011-07-13	C
2011-05-20	B+ (Negative)	2011-12-28	CCC	2011-05-20	B
2011-01-14	BB+ (Negative)	2011-10-26	CCC	2011-01-14	B
2010-12-21	BBB- (Negative)	2011-07-13	CCC	2010-12-21	F2
2010-04-09	BBB- (Negative)	2011-05-20	B+	2010-04-09	F2
2009-12-08	BBB+ (Negative)	2011-01-14	BB+	2009-12-08	F2
2009-10-22	A- (Negative)	2010-12-21	BBB-	2009-10-22	F1
2009-05-12	A (Negative)	2010-04-09	BBB-	2009-05-12	F1
2008-10-20	A (Stable)	2009-12-08	BBB+	2008-10-20	F1
2007-03-05	A (Positive)	2009-10-22	A-	2007-03-05	F1
2004-12-16	A (Stable)	2009-05-12	A	2004-12-16	F1
2004-09-28	A+ (Negative)	2008-10-20	A	2004-09-28	F1
2003-10-20	A+ (Stable)	2007-03-05	A	2003-10-20	F1
2002-10-23	A (Positive)	2004-12-16	A	2002-10-23	F1
2001-06-20	A (Stable)	2004-09-28	A+	2001-06-20	F1
2000-09-21	A- (Stable)	2003-10-20	A+	2000-09-21	F1
2000-07-27	A-	2002-10-23	A	2000-07-27	F1
2000-03-13	BBB+ (Positive)	2001-06-20	A	2000-03-13	F2	2020-04-23	B
1999-10-25	BBB+	2000-09-21	A-	1999-10-25	F2	2020-01-24	B
1999-08-10	BBB (Positive)	2000-07-27	A-	1999-08-10	F3	2019-08-02	B
1997-06-04	BBB	2000-03-13	A-	1997-06-04	F3	2019-02-08	B
1995-11-13	BBB-	1999-10-25	A-	1995-11-13	F3	2018-08-10	B
0000-00-00	BBB- (Stable)	0000-00-00	BBB-	0000-00-00	F3	0000-00-00	F3

Fitch: Long term Rating

Grade	Moody's	S&P	Fitch
Prime	Aaa	AAA	AAA
High grade	Aa1	AA+	AA+
	Aa2	AA	AA
	Aa3	AA-	AA-
Upper medium grade	A1	A+	A+
	A2	A	A
	A3	A-	A-
Lower medium grade	Baa1	BBB+	BBB+
	Baa2	BBB	BBB
	Baa3	BBB-	BBB-
Non-investment grade speculative	Ba1	BB+	BB+
	Ba2	BB	BB
	Ba3	BB-	BB-
Highly speculative	B1	B+	B+
	B2	B	B
	B3	B-	B-
Substantial risks	Caa1	CCC+	CCC+
	Caa2	CCC	CCC
	Caa3	CCC-	CCC-
Extremely speculative	Ca	CC	CC
Extremely speculative			C
In default with little prospect for recovery		SD	RD
In default	C	D	D
			DD
			DDD
Not rated	WR	NR

Grade	Moodys	S&P	Fitch
High grade	P-1	A-1+	F1+
Upper medium grade	P-1	A-1	F1
Lower medium grade	P-2	A-2	F2
Non-investment grade speculative	P-3	A-3	F3
Highly speculative		B	B
Extremely speculative	NP	C	C