Greece’s Growth Gamble: Innovation & Infrastructure Fund Targets €1 Billion Investments

Mitsotakis: “My occupation is to guarantee reforms are irreversible”

Greece is opening a caller section successful its maturation trajectory with the motorboat of the Hellenic Innovation and Infrastructure Fund (HIIF), an concern limb of the Hellenic Corporation of Assets and Participations (HCAP). The money begins with an archetypal superior of €303 million and aims to attract €1 cardinal successful investments over the coming years.

The caller conveyance volition absorption connected high-potential sectors specified as energy, agritech, the circular and bluish economy, and integer infrastructure, pursuing long-term returns with social, economic, and biology impact through disciplined strategy and autarkic governance.

The fund’s plan and mentation were supported by BlackRock Financial Markets Advisory, portion its archetypal concern is expected to beryllium completed successful the coming months.

Stability, investment, and mundane life

Speaking astatine the Athens International Investors Summit, Prime Minister Kyriakos Mitsotakis highlighted the resilience of the Greek economy, stressing that:

• Greece is increasing astatine rates good supra the eurozone average,
• cutting taxes,
• prioritizing backstage investment, and
• improving the concern environment.

At the aforesaid time, helium acknowledged that the biggest situation is “connecting the macroeconomic representation with people’s mundane lives” at a clip when living costs stay high.

Commitment to irreversible reforms

Mitsotakis emphasized that political stability has been cardinal to caller progress, stating: “My occupation is to guarantee the changes we person implemented are irreversible.”

He linked this pledge to his volition to question a third term, arguing it is indispensable to prolong maturation and administer wealthiness fairly. Among his government’s priorities, helium highlighted:

• wage increases alongside a driblet successful unemployment from 18% to 8%,
• tax cuts focused connected the mediate class, young people, and families,
• and the combat against tax evasion, which has boosted revenues.

Green modulation & European defense

On strategical challenges:

• In energy, Mitsotakis noted that Greece present generates over 50% of its energy from renewables, making it for the archetypal clip a net vigor exporter. However, helium stressed the request for caller concern in interconnections, storage, and earthy state infrastructure.
• On defense, helium described it as “a ultimate European nationalist good”, calling for the instauration of a pan-European financing mechanics for rocket and aerial defense to conscionable emerging threats.

With this initiative, Greece seeks to cement its presumption arsenic an planetary concern destination, a frontrunner successful the greenish transition, and a reliable spouse successful Europe’s defence strategy—driven by stability, reform, and just wealthiness distribution.

Source: pagenews.gr

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