Greek Prime Minister Kyriakos Mitsotakis on Monday again touted Greece as an international investment destination, speaking online with the president of the Confederation of British Industry (CBI), Lord Karan Bilimoria, a discussion broadcast live during the annual assembly of one of the UK’s largest business organizations.
Mitsotakis emphasized that Greece in 2021 is an immensely different country, fiscally and in terms of its economic environment, than it was during the previous crisis years.
He also called on the CBI’s more than 19,000 members to look to the present and future instead of the past decade.
“…as Britain is no longer a member of the EU, if you are seeking investments in the European Union – and especially if you’re interested in our part of the world, in southeast Europe and the Middle East – then Greece could become a very attractive destination for British investment inside the EU,” the pro-reform and pro-business Mitsotakis said.
Turning to tourism prospects for 2022, Mitsotakis appeared optimistic, saying the first indications are extremely positive.
Prompted by a question, the center-right Greek premier said the “previous (leftist) government attempted to systematically over-tax the middle class (in Greece) and businesses, in order to create surpluses that it would then distribute mostly based on political criteria. We said this was a wrong policy; that we must ‘enlarge the pie’, and focus on reducing an income inequity”.
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards