Mitsotakis from Saudi investment initiative – GDP in Greece will exceed 6% this year

Greek Prime Minister Kyriakos Mitsotakis continued his official visit to Saudi Arabia on Tuesday, playing up bilateral ties amid his government continuous pivot towards significantly boosting economic ties and political relations with the Middle East.

Speaking within the framework of the Future Investment Initiative in Riyadh and to broadcast journalist and analyst John Defterios, Mitsotakis said it shouldn’t be a surprise that the Greek prime minister has excellent relations with Saudi Arabia.

He said both Athens and Riyadh face the same geopolitical challenges and retain a good and strong strategic alliance.

Mitsotakis added that common challenges include the migration problem, the energy sector and regional stability, noting that Greece insists on being a pillar of stability on the basis of international law and the Law of the Sea convention (UNCLOS).

On the now very timely issue of energy supply, the Greek prime minister said Athens is eagerly looking at the prospect of serving as the first mainland Europe terminal for natural gas produced in the east Mediterranean, along with electricity produced in North Africa and conveyed by undersea cable to Greece and beyond.

Asked about the Greek economy, he referred to the beginning of a new cycle and the fact, as he said, that Greece is emerging as noteworthy investment destination. He also forecast that GDP in the country will exceed 6 percent this year.