Citi: Greece Rating Upgrades Unlikely Before 2027; 'A' by 2030 Possible

Citi analysts project Greece's sovereign rating upgrades will be delayed until after the upcoming election year, with potential outlook revisions from S&P and Fitch in the near term. The bank sees a return to 'A' ratings by 2030 contingent on sustained fiscal discipline and structural reforms, but notes rising geopolitical risks as a headwind. This signals a cautious near-term outlook for Greek assets, with upgrades priced later than previously expected.