Mitsotakis from Tokyo: Investment grade rating will attract more investment to Greek economy

Greek Prime Minister Kyriakos Mitsotakis referred to Greece’s EU-leading economic growth rate and the country’s extroverted businesses, addressing students at the University of Tokyo’s school of public policy on Tuesday, on the last day of his official visit to the Far East nation.

In citing last week’s upgrade of the Greek economy by the Fitch credit ratings agency, Mitsotakis reminded that the country is only one notch away from investment grade.

Upon attaining the coveted rating, he said his government hopes to attract more investment.

As an example, he said Japanese investors had placed as 10 billion USD in Greece before the crisis and collapse of its credit rating – which fell to a “junk” rating during the memorandum bailout era.

Mitsotakis, at the head of a high-ranking Greek government delegation, arrived in Tokyo on Sunday. The visit concluded on Tuesday.