Greece is making a dynamic return to the international economic spotlight as an example of reform success, fiscal credibility and investment recovery. Today’s extensive reports in leading international media clearly illustrate the major change in the country’s image: from the market exclusion and deficits of the past decade to stable growth, primary surpluses and the return of international investors’ confidence.
In particular, the German news network RND, in a lengthy report entitled “From fearmonger to role model: Praise for Greece’s fiscal reforms”, describes the country as one of the most impressive cases of economic turnaround in Europe. The network’s Athens correspondent, Gerd Höhler, notes that Greece, which a few years ago was out of the markets and under a succession of bailouts, is now among only five countries in the European Union to record a fiscal surplus.
The paper attaches particular importance to reforms of the tax administration and the extensive use of digital tools to combat tax evasion, policies promoted by Economy and Finance Minister Kyriakos Pierrakakis. According to the analysis, the electronic interconnection of tax mechanisms, the expansion of electronic transactions, the use of digital cross-checks and the systematic strengthening of tax compliance have contributed decisively to the significant improvement of public finances.
In the same particularly positive climate, the international network Euronews also highlights the impressive performance of the Greek Capital Market, describing the Greek Stock Exchange as one of the markets with the highest returns internationally. According to the publication, total returns have reached 146% over the past five years, even outperforming the NASDAQ-100, in a development that the medium describes as an “impressive turnaround story.”
Euronews recalls that the Greek market had recorded losses of more than 90% during the crisis, noting that the current picture reflects a profound change in the country’s investment narrative. A pivotal point for the international upgrade of the Greek capital market is the inclusion of the Greek Stock Exchange in Euronext, which was completed on 24 November 2025.
This agreement included the Greek market in Europe’s largest stock exchange platform, alongside more than 1,800 listed companies, broadening the base of international investors and significantly enhancing market liquidity. At the same time, it strengthened Greece’s strategic position on the European financial map and linked the Greek economy to the broader European effort for the Savings and Investment Union.
The international network also underlines that the possible upgrade of Greece by MSCI to the developed markets category, combined with increased M&A activity in the banking sector, confirms that the Greek capital market is no longer simply in a recovery phase, but is entering a new period of maturity and international consolidation.
