Google cloud expansion to create 20,000 new jobs in Greece

·

Google has announced plans to set up its cloud services infrastructure in Greece, promising to create nearly 20,000 jobs through direct investment and partnerships by 2030.

The Thursday announcement was welcomed by Prime Minister Kyriakos Mitsotakis who said the deal is estimated to contribute some 2.2. billion euros to Greece’s economy by the end of the decade.

Speaking at the Athens event for the presentation of Google’s investment plans, Mitsotakis said: “Investments, especially in cutting-edge sectors, are always our non-negotiable and fixed priority.”

“Not only because they create national wealth and new well-paid jobs and encourage young people to return to our homeland, but because they mobilise and modernise business activity as a whole,” he added.

Since taking office in 2019, Mitsotakis’s government has made moves to diversify the economy and attract foreign investment and high-tech companies to the country which emerged from a decade-long financial crisis in 2018.

During the Thursday event, the Greek Prime Minister went on to describe the deal as “another link in the chain of important business plans that were put into practice in the last three years”.

For her part, the President of Google Cloud International, Adaire Fox-Martin, said: “Today, we are very pleased to be announcing our first cloud region in Greece which will provide storage and cloud services for Google customers.”

Whilst speaking at the Athens event, she explained that the investment would enable organisations to better use their data, help improve low latency and ensure users’ security in the face of cybersecurity threats.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Penny Pachos reinstated as St Euphemia College principal after Archbishop meeting

Penny Pachos has been reinstated as Principal of St Euphemia College, with the Greek Orthodox Archdiocese confirming her continuation.

5,000 years beneath our feet: A Kytherian dig that needs us

This month, a team of archaeologists from the University of Sydney is starting to dig into 5,000 years of our story there.

Antipodean Palette 2026 to celebrate the continuing story of Greek Australian culture

Antipodean Palette has become one of the most significant annual cultural events in Melbourne's Greek Australian calendar.

Thousands of free water-saving kits to be distributed across Cyprus

Cyprus is stepping up efforts to tackle water scarcity by distributing thousands of free water-saving devices to households and businesses.

Steve Maras confident Adelaide’s Rundle St will rebound despite rising vacancies

Rundle Street’s vacancy rate has risen above 10 per cent, reflecting pressures facing retailers across Australia.

You May Also Like

Aussie Tennis Youngster Thanasi Kokkinakis ready for the 2020 season

“I feel good. This is the healthiest I’ve been in a while,” the 23-year-old told tennis.com.au during a break from his pre-season training.

Australia Cup 2024 Round of 32: Who will South Melbourne FC face?

South Melbourne FC will face Wellington Phoenix FC in the Australia Cup 2024 Round of 32 this month. Read more fixtures here.

Panathinaikos falls at the first hurdle of the Greek Super League

The new Super League season kicked off this weekend with Panathinaikos beginning its campaign with a reverse on the road.