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Greece’s great economic comeback – WSJ

Greece’s great economic comeback – WSJ


Talk about an economic comeback story. Less than a decade ago, Greece seemed like it would never recover from its economic and political trauma. On Friday, Standard & Poor’s regained its investment grade credit rating.

Greek debt improvement hits target set by PM Kyriakos Mitsotakis, although this also underestimates the scale of the transformation Mr Mitsotakis brought to Athens. S&P Global cited “significant fiscal consolidation” and the summer’s “political continuity election mandate” to explain its decision – which, as is often the case in credit ratings, comes late and for bad reasons.

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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