Analysis-Prudence, reforms can help Greece regain investment grade after election

FILE PHOTO: People walk in Syntagma square, in Athens, Greece April 20, 2022. REUTERS/Costas Baltas

ATHENS (Reuters) - Greece will have to wait until after parliamentary elections this year to win back its long-awaited investment grade rating, and it will only do so if the new government stays on the path of reform and fiscal prudence, analysts told Reuters.

Having emerged from previous bailout programmes in 2018, Greece had been hoping to regain such ratings - rubber-stamping its return to fiscal normality - by early 2023, ahead of a national election that could stir political uncertainty.