Athens Soars: Greece’s Stock Market Gets a Major Lift with Prestigious FTSE Russell Promotion

On the occasion of the favorable development for the economy, the Minister of National Economy and Finance Kostis Hatzidakis made the following statement:

“The upgrading of the ranking of the Athens Stock Exchange with the aim of returning it to the category of developed markets by FTSE Russell is excellent news for Greece. It is a result of the positive developments in the economy, the positive prospects that are opening up and also the specific successful moves of the government in the field of privatizations.

I mention, for example, the increase in the share capital of PPC, the introduction of the shares of the airport El. Venizelos in the Hellenic Stock Exchange, the sale of Helleniq Energy shares. And above all – due to the size and special weight of the banks in the economy – the completion of the disinvestment of the HFSF from the systemic banks and also the developments in relation to the fifth banking pillar.

The Greek Stock Exchange is on its way to joining the world’s leading capital markets. And this creates conditions for further introduction of capital into the country, improvement of financing conditions for listed companies, productive investments and new jobs”.

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