Euronext Athens: Greece Makes Its Big Return to the Market “Super League” After 13 Years

In September 2026, Greece is set to return to the “super league” of global markets. Stoxx and FTSE Russell will officially move the Greek stock market from the emerging-markets category into developed markets.

The reclassification marks a symbolic and substantive milestone for Greece’s capital market, after years of reforms, improvements in market quality and stronger investor confidence. It is expected to raise the profile of Greek equities among international investors and help attract a broader pool of institutional capital.

Greece has spent more than 13 years in the emerging-markets category. Its stock exchange became the only eurozone exchange downgraded from developed-market status in 2013, and the article says no comparable downgrade affected another developed-market exchange.

The return is expected to bring Greece back into the core of developed economies not only through its government bonds, but also through its capital market. Analysts say the change could strengthen the country’s credibility, widen the international investor base and create new financing opportunities for Greek companies.

JPMorgan Chase analysts estimate that the nine stocks entering the Stoxx index could receive more than $1.1 billion in combined inflows. The largest estimated flows are for National Bank of Greece, at $326.9 million, Eurobank at $260.9 million, Piraeus at $249.3 million and Alpha Bank at $171.2 million. The estimates for Metlen, PPC, Motor Oil, GEK TERNA and Jumbo range from $21.5 million to $36.7 million.

The next test, according to market analysts, will be whether the Athens exchange can establish itself in the new environment of “mature” markets. Long-term success will depend not only on passive-fund flows, but also on listed companies attracting active, stable and lasting investor interest.