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Greece: Job Well Done – And Working Even Harder

It’s got to be one of the best success stories – although there are some others – to come out of Greece in a very long time, showcasing the improvements happening in the Greek economy. It’s not a story that captures the popular imagination – some of the elements are technical – but it’s a very important one.

An Economist Intelligence Unit report places Greece first among countries in its ‘Change in Business Environment Rankings’.

Specifically, Greece has improved by 16 slots and is trending higher.

The report measures the improvement/deterioration of countries’ business environment from the last quarter of 2019 to the last quarter of 2022.

“The biggest improvements over the past three years,” the report says, since before the pandemic and the war in Ukraine, are in the business environments of Greece, Qatar, the U.S. and the UAE. Singapore remains the best place in the world to do business for the next five years. Canada and the U.S. are ranked second and third.

This is some report. For years Greece was losing ground in the rankings, reflecting its deteriorating political and business environment.

Actually we did not need to read the report to feel the winds of change blowing in Greece. You can smell it. And you can see it. You can see big American companies, like… Pfizer , Google … investing. We read about others looking to invest. And it makes perfect sense.

Kyriakos Mitsotakis, the Harvard-trained prime minister, is preaching the gospel of an open economy that ensures benefits for the people of Greece from policies that produce well-paying jobs for its youth. As the benefits become more and more clear, more and more people are espousing this philosophy.

“Very encouraging” tweeted the Prime Minister, “to see our efforts to reform the economy being recognized. We believe in turning Greece into a business-friendly country attracting further foreign investment. Though there is more to be done, Greece is on the right path.”


I read the story in the Associated Press twice to make sure what it said was accurate: The shareholders of Tesla, the electric car maker, have approved the compensation package for CEO, Elon Musk, amounting to about 44.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

ATHENS - Prime Minister Kyriakos Mitsotakis addressing the new Cabinet at a meeting held in the Maximos Mansion on Saturday, said that he chose this first meeting after the elections to coincide with the government reshuffle "in order to send an overall message of dynamic restart because June 9 was a landmark in our up to date course but also a new start for the next three years of our term" .

NEW YORK – The Capital Link Invest in Greece Webinar Series 2024 continues Tuesday, June 18, 10 AM EST / 3 PM London / 4 PM CET / 5 PM Athens, with the brief presentation and roundtable discussion titled: ‘Greek Economy: Prospects & Outlook Post Investment Upgrade.

DALLAS  — Luka Doncic scored 25 of his 29 points in the first half, Kyrie Irving added 21 points and the Dallas Mavericks emphatically extended their season on Friday night, fending off elimination by beating the Boston Celtics 122-84 in Game 4 of the NBA Finals.

WASHINGTON  — The Supreme Court on Friday struck down a Trump-era ban on bump stocks, the rapid-fire gun accessories used in the deadliest mass shooting in modern U.

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