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NYSE Celebrates Greek American Issuers Day

The Greek delegation rang the NYSE opening bell. Public domain

Dozens of high-level speakers from the Greek and international governments, as well as the business and financial communities offered an insightful outline of the state of the Greek economy during the “23rd Capital Link Invest in GreeceForum held Monday at the Metropolitan Club in New York.

Within the framework of the Forum, the New York Stock Exchange in cooperation with Capital Link, organized a special ceremony in honor of Greece called “Greek American Issuer Day at NYSE”.

To honor the occasion, Dr. Nikolas P. Tsakos, President and CEO of Tsakos Energy Navigation, and Christos Staikouras, Minister of Finance of the Hellenic Republic, rang the opening bell.

This year’s Annual Forum was titled “Capital Link Invest in Greece Forum: A New Era – A New Direction for Greece”.

It is the oldest overseas Greece investment forum, engaged in a systematic effort to promote Greece as a business and investment destination to a global audience.

With a 23-year history, this Forum enjoys unique branding, acceptance and support from the American, Greek and Greek American business, investment and financial communities.

Greek Prime Minister Mitsotakis: our appetite for reform remains intact

Greek Prime Minister Kyriakos Mitsotakis addressed the Forum via video link, who presented an uplifting assessment of the Greek economy, noting high growth rates and falling unemployment achieved, as he said, thanks to the reforms of his government. “I can assure you that our appetite for reform remains intact,” he assured everyone present.

He pointed out that the recovery of the Greek economy in 2021 “has been even more dynamic than expected and will exceed pre-pandemic levels by the end of the year”.

He warned, however, that 2022 “proves no less eventful than previous years” due to the war in Ukraine and the pandemic which continues to be a problem.

Mitsotakis noted that large multinationals are making significant investments in various sectors, from tourism to data centers and from renewable energy sources to semiconductor technology. He also said Greek businesses are becoming more competitive, dynamic and outgoing in their quest to excel in an ever-changing world.

“In this context, it is not surprising that many Greeks who left the country during the crisis are considering returning – and this is happening. Their experience abroad is a valuable asset for us. As new opportunities arise, more Greeks from the so-called brain drain generation will choose to take advantage of them,” the Greek Prime Minister added.

Investing in Greece: the country has made a dynamic comeback on the world markets

Capital Link says Greece has made a vibrant comeback in global capital markets and the global investment community, but this is only the first step.

Looking ahead, despite the challenges of the pandemic, today there is a new reality and a new potential in Greece. Modernization and investments” are at the heart of the “Greece 2.0” program, the largest plan developed in the modern history of the country aimed at changing the economic model, transforming it into a competitive and extroverted model with a digital and efficient state .

The approximately EUR 31 billion that will be disbursed through the Recovery and Resilience Facility – in addition to funds from the European Development Programs included in the new EU budget for the period 2021 to 2027 – can serve as a basis for Greece to attract the significant and additional foreign investment that the country needs.