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Hatzidakis at Capital Link: Greece is the main gateway for American energy to SE and C. Europe

NEW YORK (ANA-MPA/G. Garantzioti)

During the official luncheon of the Capital Link Forum on Monday, representatives of the NYSE and the Athens Stock Exchange delivered greetings, while keynote speakers were Deputy Prime Minister Kostis Hatzidakis and the US Deputy Assistant Secretary of Energy for Europe, Eurasia, Africa and the Middle East, Joshua Volz.

“Greece is today one of the strongest economic turnarounds in Europe,” Hatzidakis said, noting that this progress is recognised internationally. As he said, “the IMF sees it, the European Commission sees it, the rating agencies know it and international media such as Bloomberg and the Economist underline it.”

He pointed out that Greece is recording “the fastest reduction in public debt in the history of the Eurozone”, while emphasising that “83 taxes have been reduced in the last six years” and that “between 2019 and 2025, investments increased by 96%. At the same time, he stated that “the Greek economy is growing at a rate more than double the European average.”

Hatzidakis underlined that the next phase of development is based on “fiscal discipline and reforms”, which “make Greece a magnet for talent, innovation, logistics and knowledge.”

He made particular reference to the reduction of bureaucracy and the use of new digital tools, noting that “by simplifying procedures and using new digital tools we have already cut the time in half.”

He also referred to US investments in Greece. “Since 2019, major American companies such as Microsoft, Google, Amazon, Cisco have been investing in Greece,” he noted, adding that this proves that “what I described to you is not Greek mythology.”

In the energy sector, he said that the agreement with Venture Global “makes Greece a key gateway for American energy to Southeastern and Central Europe,” strengthening both the country’s geopolitical position and European energy security.