JPMorgan CEO says he’s ‘optimistic for Greece’ as financial giant deepens investment

·

The Chief Executive of JPMorgan Chase & Co, Jamie Dimon, has confirmed the institution is willing to expand its office in Greece, invest further in Viva Wallet and attract high-level staff in Greece.

Dimon, who is the son of first-generation Greek immigrants, met with Greek Prime Minister, Kyriakos Mitsotakis, on Thursday to discuss his future plans.

The meeting came just two days after the US financial giant announced it was acquiring approximately 49 percent of the Greek online bank Viva Wallet.

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

Haris Karonis and Makis Antypas. The co-founders of Viva Wallet.

“This may become a technology hub for JPMorgan Chase throughout the world,” Dimon said at the time.

Later, in an interview with Ekathimerini, Dimon added that he is optimistic about Greece as “it has a rational government that makes rational decisions” and he finds it amazing that Greece has its first start-up with a value of over $1 billion.

For his part, Mitsotakis noted that JPMorgan’s decision constitutes a vote of confidence in the country and its economy.

“What I can tell you is that the country has turned a page and that Greece in 2022 has very few similarities with Greece at the time of economic crisis…” Mitsotakis concluded.

“I think we have laid the foundations for long-term and sustainable growth and we want you to be part of this story, not just because of your Greek descent, but because you truly see the opportunities that exist in the country.”

READ MORE: Australian company, Macquarie, given minority stake in Greece’s national grid operator.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Meatfare Sunday: A time for reflection and mercy

Meatfare Sunday, observed on the second Sunday before Great Lent, marks the final day for eating meat before the Lenten fast.

Eleni Elefterias on music, Greek language, and her journey to writing

Growing up, Eleni Elefterias wasn’t the biggest fan of learning Greek - she was forced to speak Greek at home and she hated going to Greek school.

Chocolate and Hazelnut Biscotti: Niki Louca shares her favourite recipe

Niki Louca from My Greek Kitchen shares her favourite recipe for Chocolate and Hazelnut Biscotti with The Greek Herald. 

Greek olive oils ranked in EVOO world ranking for 2024

The EVOO World Ranking is an annual ranking by the World Association of Journalists and Writers of Wines, Liquors and others (WAWWJ).

Christopher Nolan’s The Odyssey sparks controversy ahead of 2026 release

Christopher Nolan’s upcoming adaptation of Homer’s The Odyssey is already drawing criticism for historical inaccuracies.

You May Also Like

‘We want change now’: Adelaide students rally against sexual violence in schools

Hundreds of Adelaide high school students, marched to protest against sexism and sexual violence in their school communities.

Signature lead project ‘The Spheres’ to bring Greek flair to the Brisbane Festival

The Brisbane Festival has announced the first part of its 2022 program and there's a definite Greek flair to its events this year.

Oldest Greek in Australia, Eleni Confos, passes away peacefully at the age of 109.5

Eleni Confos, who is the oldest Greek in Australia and Australian Castellorizian, has passed away peacefully at the age of 109.5 years.