Greece Presented to Foreign Investors in the UK Market

Greek Prime Minister Kyriakos Mitsotakis promoted Greece as an investment-friendly country to foreign investors during his recent visit to London.

According to an announcement by the PM’s press office, Mitsotakis held a series of meetings with heads of financial institutions, fund management companies and international companies in the fields of energy, real estate, infrastructure, technology and industry.

During the meetings, the prime minister presented the Greek economy’s long-term growth prospects, as they have been referred to in assessments of international organizations.

Underlining that his government supported all workers and businesses during the Covid-19 pandemic, the Greek PM said that unemployment is dropping steadily and growth in Greece now comes from investment in new sectors, such as technology and the green economy.

Greek Prime Minister Kyriakos Mitsotakis. Photo source: @PrimeMinisterGR

He also pointed out that Greece has a stable political environment and a government with a large parliamentary majority.

Digital transformation

Moreover, Mitsotakis informed on the friendly investment environment in Greece, highlighting the reduction of bureaucracy in the country’s services. Among other things he noted the rapid digital transformation and operation of the gov.gr portal, which facilitates the interaction of Greek citizens and businesses with the state for a number of services.

The gov.gr portal.

In the same context, he focused on a government program that sees tax cuts for foreign investors.

The PM highlighted the confidence that markets are showing to Greece and referred to the strong wave of foreign investment in the country in recent years by global companies such as Microsoft, Pfizer, Cisco and Digital Realty.

“Investors expressed their confidence in Greece, seeing the positive changes taking place in the country and changing the economy, making it more attractive for investment,” the announcement said.

Greek PM: ‘The talent of the Greeks is the strength of the country’

Referring to the new possibilities of the country, apart from reforms, reduction of taxes and the friendly investment environment, Mitsotakis also spoke of the talent and skills of Greeks living in the country and abroad.

He noted in this regard that companies that decide to invest in Greece offer well-paid – and often highly skilled – jobs to Greeks, which contributes to reversing the “brain drain” that hit the country in the last decade.

Mitsotakis also mentioned the incentives offered by the government to those who move their tax residence to Greece but also to Greeks who choose to return to work in the country.