Greek PM: Greece will emerge victorious from the coronavirus pandemic

·

During the opening of the 5th EU-Arab World Summit on Monday, Greek Prime Minister, Kyriakos Mitsotakis, expressed his belief that Greece will emerge victorious from the coronavirus pandemic.

“I am sure the Greek economy will experience a very robust recovery once a coronavirus vaccine is found,” Mitsotakis said in an online discussion with CNN journalist John Defterios.

READ MORE: Greek CEO of Pfizer says COVID-19 vaccine is more than 90% effective.

“In Greece, savings are increasing, which means that people will want to spend when the pandemic is over. And businesses will want to invest. And smart companies are already investing.”

Mitsotakis mentioned a primary interest in the hotel and tourism sectors and beyond, as in the investments of Abu Dhabi Capital Group LLC in fish farming and state-of-the-art food technologies.

Kyriakos Mitsotakis spoke during the opening of the 5th EU-Arab World Summit on Monday.

He also spoke of investments by Microsoft in building three large-scale data centers in Greece and by Volkswagen in turning the Greek island of Astypalea into a smart e-mobility model.

READ MORE: Microsoft plans $1 billion data center venture in Greece.

In addition, he noted, financial institutions have expressed interest post-Brexit in establishing a presence in Greece.

“We offer enough incentives to allow them to do that. Greece must turn into a financial hub for the greater region,” the Prime Minister said.

The pandemic has created investment opportunities at European level as well, he added, as the EU now “borrows as a supranational entity to strengthen the member states.”

Mitsotakis said the EU recovery fund will also assist in the recovery, which will be accompanied by investment and increased consumption after the vaccine becomes available.

READ MORE: EU recovery fund deal hailed a ‘national success’ as Greece to receive €72 billion.

“The coronavirus pandemic will have winners and some losers. I’m convinced of that. And I am pretty sure that Greece will be on the side of the winners,” he said.

Regarding Greece-Turkey relations, the Prime Minister said Greece is ready for a discussion aimed at resolving problems in the context of international law.

Responding to a reporter’s question on whether Greece would be willing to share energy resources with Turkey, he clarified that “this is not something under discussion” and reiterated that the two countries first need to define and delimit maritime zones in a fair manner.

Source: Ekathimerini.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Three Greek Australians included among NT News Woman of the Year 2026 finalists

Forty standout women from across the Northern Territory have been named finalists in the 2026 NT News Woman of the Year awards.

Alexis Theodorou says social media ban for under-16s has failed to make an impact

Four months after its implementation, frustration is growing among parents who say the measure has yet to deliver meaningful results.

Intralot secures new 15-year licence for Victoria gaming machine monitoring system

Intralot subsidiary Intralot Gaming Services (IGS) has secured a new 15-year licence to operate Victoria’s electronic gaming machine.

Greece tightens unemployment rules with new benefit system reform

Unemployed individuals in Greece risk losing their benefits if they reject three consecutive job offers that match their qualifications.

Marble statue of Athena discovered in ancient city of Laodicea in Turkey

A marble statue of Athena has been uncovered during excavations in the ancient city of Laodicea on the Lycus near Denizli.

You May Also Like

Kostas Moutsoulas on his upcoming role in a modern Greek Australian play

Kostas Moutsoulas speaks with the Greek Herald on his role in the contemporary Greek Australian play A House on an Island in the Aegean.

French Open: Kyrgios withdraws as Kokkinakis secures wildcard

Nick Kyrgios will not compete in next week's French Open while fellow Australian tennis star, Thanasi Kokkinakis has secured a wildcard.

Tensions flare at Mytilenian Brotherhood of Sydney elections as new Board elected

The Mytilenian Brotherhood of Sydney & New South Wales has elected a new Board of Directors following Sunday’s elections.