Greece is currently classified as an Advanced Emerging market and was added to the Watch List from September 2024 for possible reclassification to Developed market status.
FTSE Russell has announced that Greece meets all the requirements to be reclassified from Advanced Emerging to Developed market status effective in conjunction with the FTSE Global Equity Index Series (GEIS) September 2026 semi-annual review, which is effective from the open on Monday 21 September 2026.
Yianos Kontopoulos, CEO of the Athens Exchange Group, commented,
“The reclassification of the Athens Stock Exchange to Developed Market status by FTSE Russell is a landmark achievement. It validates our ongoing strategy to upgrade our infrastructure and services, positioning the Greek capital market alongside the world’s most established exchanges. This development is also expected to significantly expand the pool of international investors eligible to invest in the Greek capital market, attracting substantial capital inflows from funds tracking Developed Market indices. It is a development that creates new opportunities for growth and financing for our listed companies.”
