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Greece can return to investment grade next year, PM says

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Kyriakos Mitsotakis, the Prime Minister of Greece, stated Tuesday that regaining investment quality status in 2023 was "a feasible goal" for the country despite economic difficulties.

Mitsotakis, speaking at an economic forum, stated that Greece, which is the most indebted country in the euro zone, must reduce its debts and attain small but significant primary surpluses.

The energy crisis in Ukraine has had a slight impact on Greece's economy, but it will not have a major impact on growth and tourism will not be significantly affected, he stated.

He reiterated his desire to finish his four-year term and said that a national election would be held "at spring 2023." In July 2019, Mitsotakis was elected as the prime minister of Greece.

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