Mytilineos stays until 2027 – New Deputy CEO appointed at Metlen, Standard & Poor’s to upgrade Greece’s outlook 17/10
We focus today on two key developments: what Mytilineos is planning for Metlen, and what the American credit rating agency Standard & Poor’s is expected to announce today, October 17, 2025, regarding Greece.
Mytilineos is not leaving – Appoints Deputy CEO from within Metlen
What have we recently learned about Metlen?
1. Evangelos Mytilineos will remain Chairman and CEO until 2027. He is expected to continue as Chairman beyond 2027, but his tenure as CEO will end in April 2027.
2. The company has chosen to appoint a Deputy CEO from within its ranks — a long-serving executive who has held a management position for nearly 21 years. The decision is seen as an internal, logical, and neutral choice.
3. Metlen is a clean and transparent group, with no hidden issues beyond the already disclosed €130 million case.
Following that incident, an exhaustive internal audit was carried out, confirming that there are no skeletons in the closet — not even a trace. It can now be stated with confidence that Metlen is a fully transparent organization with no further negative surprises.
4. Short funds such as Marshall and Millennium may consider closing their positions if the stock trades in the €39–€40 range.
However, it is crucial that the share price holds the €38.2 support level, which analysts believe will remain intact.
As they have noted, “At €40, we’re buying Metlen.”
Standard & Poor’s to upgrade Greece’s outlook on 17/10
On October 17, 2025, Standard & Poor’s is expected to maintain Greece’s credit rating at BBB, while upgrading the outlook from neutral to positive.
It should be noted that no further credit rating upgrades for Greece are expected through the end of 2025.
The next scheduled reviews are:
November 7, 2025 – Scope Ratings (Germany), which currently rates Greece at BBB with a stable outlook.
November 14, 2025 – Fitch Ratings, which maintains a BBB- rating with a positive outlook.
While an upgrade to BBB with a neutral outlook cannot be ruled out, the likelihood remains low.
From a broader perspective, since central bank interventions — such as quantitative easing — began shaping markets, credit rating agencies’ assessments have lost much of their former prestige.
bankingnews.gr
Οι απόψεις που εκφράζονται στα σχόλια των άρθρων δεν απηχούν κατ’ ανάγκη τις απόψεις της ιστοσελίδας μας, το οποίο ως εκ τούτου δεν φέρει καμία ευθύνη. Για τα άρθρα που αναδημοσιεύονται εδώ με πηγή, ουδεμία ευθύνη εκ του νόμου φέρουμε καθώς απηχούν αποκλειστικά τις απόψεις των συντακτών τους και δεν δεσμεύουν καθ’ οιονδήποτε τρόπο την ιστοσελίδα.
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