Greek Stocks Eyeing Developed-Market Status by FTSE Russell
- FTSE Russell to provide update as part of March 2025 review
- Greek stock index has rallied 53% since start of 2023
Greek stocks are one step closer to joining the developed markets universe once again as the country gradually returns to normalcy, leaving behind its decade long debt crisis.
FTSE Russell added the country’s equities to the watch list for possible reclassification from advanced emerging to developed-market status. It was initially downgraded to the developing nations category in 2013.