Mitsotakis to Greek expatriates: Greece is back for good, borrowing costs are lower than France’s

Prime Minister Kyriakos Mitsotakis addressed a luncheon co-hosted by 28 expatriate organizations successful his honor.

Among different things, helium referred to the advancement achieved by the Greek economy, arsenic good arsenic the precise important contented of the instrumentality of young Greeks who successful erstwhile years had moved abroad.

At the opening of his speech, arsenic reported by ERT, Kyriakos Mitsotakis expressed his joyousness astatine the accidental to talk to expatriates, stressing that it is “a privilege to beryllium contiguous astatine this event, which has go a tradition.” Referring to the “leaps” of advancement made by the Greek economy, helium emphasized that “Athens is present thriving.”

He besides referred to a Wall Street Journal lawsuit successful which helium spoke with the newspaper’s editor-in-chief, wherever the treatment was titled: “Is Greece back?” Mr. Mitsotakis stressed that “this question should beryllium avoided, due to the fact that Greece is backmost for good.”

“We each consciousness precise proud, and astatine the aforesaid time, this makes my occupation easier, arsenic we program the adjacent steps successful this breathtaking travel of a state that was connected the verge of bankruptcy and has present go 1 of the champion economies successful Europe,” helium pointed out.

“Ten years ago, France borrowed astatine 1%, portion Greece borrowed astatine 10%. Today, Greece’s borrowing outgo is little than France’s. I don’t deliberation galore would person stake that this could happen. This proves the resilience of the Greek radical and the affirmative interaction of dependable fiscal policy,” helium added.

Kyriakos Mitsotakis stressed that the Greek system is increasing astatine doubly the complaint of the eurozone and is perpetually attracting overseas nonstop investment, having drawn implicit €30 cardinal into the state successful the past 5 years, portion tourism is flourishing. “We person welcomed, and volition welcome, astir 36 cardinal people, and it volition beryllium different record-breaking year,” helium said.

“We person opened up the American market, we person implicit 100 play flights to Athens airport, but this occurrence communicative is not lone astir tourism—it is astir renewables, logistics, services—Greece is becoming a hub for the region,” helium added.

He besides referred to the instauration of non-profit backstage universities starting successful October, emphasizing that Greece is becoming an “educational hub” that volition pull overseas students.