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
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.