The Athens Stock Exchange is the world's top-performing stock market in 2025, a remarkable rebound that prompted Forbes magazine to recently call it the "hottest stock market in the world."
The ASE’s general index has soared past 2,100 points, a dramatic recovery from a low of nearly 500 points during the country’s severe debt crisis a decade ago.
In 2025, the MSCI Greece index, which tracks the country's large and mid-cap companies, has more than doubled the performance of the wider European market and significantly outpaced the U.S. S&P 500.
The market rally is backed by a strong economic recovery.
Greece’s debt-to-GDP ratio has fallen to around 153% from a peak of over 200%, unemployment has dropped to 7.9%, and the European Commission projects 2.3% GDP growth for 2025, well above the Eurozone average.
Analysts credit the turnaround to a series of impactful reforms, including the digitization of public services, improved tax collection, a post-pandemic tourism boom, and a sharp reduction of non-performing loans in the banking sector.