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Politics

Tsunis Says Greece’s Growth Outsripping EU, Sees US Investments

ATHENS – Greece’s rebounding economy is on a path to grow three times faster than the European Union average over the next three years, continuing a remarkable comeback from near disaster, US Ambassador George Tsunis said.

He was speaking at the 34th Greek Economic Summit GES2023 – Fostering a Sustainable Economic Future Amidst Global Challenges, just as Moody’s raised the country’s ratings to investment grade status.

Next to tourism, the biggest revenue engine, it’s foreign companies leading the charge looking to cash in as Prime Minister Kyriakos Mitsotakis lures them with enticements, especially Information Technology and high-tech business.

them with Foreign investments in Greece have broken all record highs and. Google’s investment alone has reached 2.2 billion euros ($2.38 billion,) the company just announcing it’s adding more with data centers after establishing a cloud business in the country.

Tsunis said Greek and American ties are getting tighter in a number of areas after renewing a military cooperation deal and in other areas including NATO, information, labor and culture.

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