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Create Free AccountMSCI has announced it will reclassify Greece from Emerging Market to Developed Market status in a single step effective May 2027. The decision follows extensive consultations with global institutional investors who recognized Greece's significant progress in enhancing its market infrastructure. While an earlier date of August 2026 was considered, the implementation was set for May 2027 based on investor feedback to ensure a smooth transition. This upgrade marks a major milestone in Greece's economic recovery, validating years of sustained market reforms and alignment with European standards. The reclassification is expected to open the door for a new pool of institutional capital that focuses exclusively on developed economies. Although Greece may hold a smaller weighting within the Developed Market universe, the move signals a long-term bullish outlook for the nation's financial stability.