Greece continues its remarkable comeback on the global economic stage, emerging as a top investment destination for 2026. Major international financial institutions — including Morgan Stanley, JP Morgan, UBS, HSBC, Bank of America, Wood & Company, and Fitch — are “voting Greece” once again, citing strong fundamentals, sustained growth, upgraded credit ratings, and consistent market outperformance.

Once regarded as a struggling economy, Greece now stands as a European success story, firmly re-establishing its credibility in global portfolios and demonstrating a trajectory of stability, profitability, and fiscal discipline.

Fitch: Greece Leads Europe in Debt Reduction

Fitch’s latest outlook on Greece is highly optimistic. While Europe evolves into a “two-speed market,” Greece remains in the core group of fiscally strong economies.

According to Fitch, Greece will record Europe’s largest debt reduction from 2019–2026 — more than 40 percentage points of GDP — while maintaining surpluses and reducing fiscal pressures.

Morgan Stanley: Greece Stands on the ‘Top of Olympus’

Morgan Stanley forecasts two more years of strong economic growth, projecting 2% GDP growth in both 2026 and 2027 — well above the Eurozone average.

The bank argues that Greece is still structurally undervalued, with stock valuations failing to fully reflect improved fundamentals. It labels Greece one of the top EEMEA markets for 2026, noting that the country has evolved from an “emerging market stereotype” into a mature, reliable regional market.

JP Morgan: Greek Equities and Banks Among Top Global Picks

JP Morgan renews its confidence in Greek markets, predicting the MSCI Greece index will rise 16% in 2026 (in USD terms).

Bank of America & Wood & Company: Greece Holds Overweight Positions

Global EM funds continue to hold overweight exposure to Greece, according to Bank of America.

Wood & Company also places Greece among its most attractive markets for 2026, praising the country’s transition into a new era of investment normality and credibility.

UBS: Greece Still Trading at a Deep Discount

UBS identifies Greece as one of the few “cheap markets with strong fundamentals”, underscoring:

• Fiscal stability
• Strong banking sector
• Attractive valuations

The bank notes that Greece still trades at a 40–50% discount to its historical valuation levels, meaning the market has not yet fully priced in the country’s multi-year economic improvement.

HSBC: Rising Global Portfolio Weight and Strong Bank Positions

HSBC highlights increasing fund inflows into Greece and a stronger weighting in global emerging-market portfolios. The bank calls Greece a “positive case” heading into 2026, driven largely by confidence in its banking sector.

Alpha Finance: Greece Eyes Developed-Market Status in 2026

Alpha Finance remains bullish on the Athens Stock Exchange. Despite recent gains, valuations continue to show a 30–40% discount versus Stoxx 600 and MSCI EM indices.

Greece’s expected upgrade to “Developed Market” status in September 2026 by FTSE Russell and S&P Dow Jones Indices — a milestone restoring Greece to the world’s advanced economies after 13 years. This shift is expected to bring increased liquidity and fresh institutional capital inflows.

Original Story: Greek City Times
Edition: Prime Yield