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

Mayor Jim Grivas responds to St Haralambos Greek Festival parking fine backlash

Mayor of Manningham, Jim Grivas, has acknowledged community anger over parking fines issued during the recent St Haralambos Greek Festival.

Alex Hawke dumped from Liberal Party frontbench in Angus Taylor reshuffle

Alex Hawke has been relegated to the backbench after new Opposition Leader Angus Taylor unveiled a revamped shadow cabinet.

Paul Nicolaou calls scaled-back Cutaway trading hours ‘disappointing’

Business Sydney's Paul Nicolaou criticised the NSW government’s decision to wind back plans for 24-hour trading at The Cutaway venue.

Athens University opens Cyprus branch in higher education milestone

The establishment of a Cyprus branch of the National and Kapodistrian University of Athens marks “a milestone.”

Stefanos Tsitsipas sets up Medvedev showdown in Doha

Stefanos Tsitsipas advanced to the next round of the ATP Doha tournament with a composed 6-4, 6-4 win over Moez Echargui.

You May Also Like

On This Day: Dimitris Mytaras, Greek painter, was born

Dimitris Mytaras was a formidable painter best known for his expressionist depictions of still life and figures.

Sakkari showed character and passed to the third round of the Australian Open

Maria Sakkari did not have a good day against 18-year-old Diana Shnaider, but she qualified for the third round of the Australian Open.

North Macedonia’s opposition leader vows to challenge Prespa Agreement if elected

The leader of the main opposition party in North Macedonia has revealed that if elected, he will refer to the country solely as ‘Macedonia’.