The experts at the Fitch rating agency are more confident than recently about Greece's creditworthiness.
At the end of the week, the credit rating watchdog raised the rating of long-term liabilities by one notch to "BB+" from previously "BB".
The agency thus certifies that Euroland has sufficient creditworthiness, still in the speculative area.
The outlook is "stable".
The reasons for the upgrade are declining government debt and lower risks in the banking sector.
However, after years of fighting the debt crisis, the Greek government believes it is possible to regain an investment grade rating this year.
The “Investment Grade” rating identifies government bonds as “worthy of investment”.
The member states of the European Monetary Union and the International Monetary Fund (IMF) lent Greece a total of more than 260 billion euros during the debt crisis that erupted at the end of 2009.
In return, the most heavily indebted euro country committed itself to reforms and tough austerity measures.
Greece repaid IMF funds of 28 billion last April, two years earlier than planned.
Rating agency S&P meanwhile downgraded Hungary's creditworthiness slightly, lowering its long-term foreign currency rating to "BBB-" from previously "BBB". negative,” the credit assessors said.
Reasons for the step are the persistently high inflation and energy costs.
The consolidation plans are likely to pose a challenge for the Hungarian government in view of the massive national debt.
An economic risk is the timely provision of EU money, which is currently frozen.
In the dispute with Hungary over violations of the rule of law, the EU Commission is withholding all cohesion funds for the Eastern European country.
A total of around 22 billion euros have been frozen until the government in Budapest meets all the conditions.