Prime Minister Kyriakos Mitsotakis expressed his satisfaction with the work being done in Davos and specifically at the Greek House.
The Prime Minister was welcomed by the president and founder of Greek House, Irini Vantarakis, and the Director of the Greek House, Konstantinos Foutzopoulos. As the Prime Minister said, the last time he was in Davos was in 2020 when – as he said – we were trying to convince the international investment community that Greece has indeed turned the page.
“I can tell you with certainty that three years later and having already completed an extensive circle of contacts in Davos that the image of the country has changed drastically,” said Kyriakos Mitsotakis, adding that “Greece is an attractive investment destination, through the country’s innovation in policies implemented at many levels as well as the important role it now plays within the European solidity”
The prime minister pointed out that at the same time Greece is recognized as a pole of geopolitical stability in a difficult region, pointing out that there is a great interest in how this effort will continue as 2023 is an election year.
Thanks to Vangelis Marinakis
Irini Vantaraki thanked the Greek ministries and especially the Ministry of Development for the support of the Greek house, while making a special mention of Vangelis Marinakis because without him we would not have been able to be here. In addition, Mrs. Vantaraki referred to the other sponsors who support Greekhouse, making a special mention of PPC.
“These efforts are successful when the forces of the private and public sectors are combined” said the prime minister and concluded by saying that it is important to have private donors who support this effort but it is not easy for a country to stand out in Davos. You did well with the above.
Latest News
Greek Property Renovation Surge amid Economic Constraints
This has led to a notable escalation in renovation costs, with average prices per square meter exceeding previous norms and reaching even 1,000 euros in premium locations
RRF: Additional €5.1bln Funds for Subsidies to Greece in 2025
By April 22, funds totaling 5.75 billion euros had been transferred for approved projects of the Recovery Fund to entities within and outside the general government and final recipients
OECD: Greek Economy Resilient with 2% Growth Forecast for 2024
However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.
Challenges and Delays in Greece’s Hydrocarbon Exploration
Sources disclose that the petroleum companies holding the concessions are seeking partners to jointly invest and share the costs of exploration and drilling.
Greek Beach Visitors Can Report Violations on New ‘MyCoast’ App
Greek authorities hope the newly-launched, free ‘MyCoast’ app will help clamp down on public beach violations
BoG Figures Confirm Banner Year for Greek Tourism in 2023
20.6 billion euros in related revenues topped the previous year’s figure by 16.5%
Piraeus Bank to Propose First Dividend in 16 Years
Piraeus Bank has forecast profits of roughly 900 million euros this year, rising to one billion euros next year
Eurostat: Inflation in Greece Eases to 3.2% in April; 2.4% in Eurozone
The rate of increase for food prices was up by 4.9% in April 2024, compared to 4.8% in the previous month
ELSTAT Feb. Retail Turnover Drops by 3.8%, Sales Volume Plummets by 9.8%
Additionally, the seasonally adjusted General Volume Index for Feb. 2024 experienced a 3.8% decrease compared to the previous month of the same year
Greek Buyers Lead Return to Vacation Home Market
In the last six months, Greeks have made a surge into the vacation home market, notably without relying on loans