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Market Impact: 0.15

MSCI Names Greece a Developed Market for First Time Since 2013

Travel & LeisureEconomic DataConsumer Demand & RetailPandemic & Health Events

Greece hosted 32 million visitors last year and 2024 is on track to deliver a record number of arrivals, signaling a strong post-Covid rebound in tourism. This trend should support spending in hotels, airlines and retail tied to travel and provide a meaningful tailwind to Greece's service-sector activity.

Analysis

Greece hosted 32 million visitors last year and 2024 is on track to deliver a record number of arrivals, signaling a strong post-Covid rebound in tourism. This trend should support spending in hotels, airlines and retail tied to travel and provide a meaningful tailwind to Greece's service-sector activity.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.30