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E.Tsiliopoulos

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Michael Rigas, of Greek descent, has been appointed Deputy Secretary of State by Donald Trump.

“I am pleased to nominate Michael J. Rigas for the position of Deputy Secretary of State for Management and Resources. Michael will serve with responsibility at the State Department, as he did previously when he served in my first term as Deputy and Acting Director of the Office of Personnel Management and as Acting Deputy Director for Management in the Office of Management and Budget.

26th Annual Capital Link Capital Link Forum: Greek Government Roundtable

In the context of the 26th Annual Capital Link Capital Link Forum “Greece Speeding Ahead Post Investment Upgrade” which took place on Monday, December 9, 2024, at the Metropolitan Club in New York City, Capital Link hosted a Greek Government Roundtable with a group of investors.

With a 26-year track record of success, held on an annual basis, the Forum has been engaged in a systematic effort to highlight Greece’s profile to a global business and investment audience, and was once again an excellent platform for the exchange of ideas and the promotion of the country's investment opportunities. In addition, the Roundtable Discussion provided a unique opportunity for the Ministers of the Greek Government for an open dialogue with 22 investment funds and companies, regarding the reforms and development strategies of Greece, in addition to the intervention that each official had addressing the forum audience, and the individual meetings hosted separately for each one.

The following Greek Ministers participated:

  • H.E. Christos Staikouras, Minister of Infrastructure & Transport
  • H.E. Niki Kerameus, Minister of Labor & Social Security
  • H.E. Nikos Papathanasis, Alternate Minister of Economy & Finance
  • H.E. Alexandra Sdoukou, Deputy Minister of Environment & Energy

Dr. Yannis Stournaras, Governor, Bank of Greece, also participated in the Roundtable discussion.

Moderator of the Roundtable was Dr. Marinos Giannopoulos, CEO of Enterprise Greece, who upon opening the discussion, referred to the recent upgrade of the country's long-term credit rating to BBB from BBB- by Scope Ratings, who cited fiscal discipline, the reduction of public debt and the resilience of the banking system, which highlights the country's stable economic course.

Among others, the participants included senior executives from Aleutian Capital Group, Ameresco, Alex Brown, Axia Ventures Group, Citi Pension Investments, Chesapeake Asset Management, Glacier Pass Management, Global X, Insight Partners, Keybank Capital, Kyklos Capital, Macquarie, Metropoulos & Co., Morgan Stanley Investment Management, Moody’s, MacArthur Capital Group, Oaktree, Paulson & Co., Point 72 Asset Management, Rothchild, Trispan, Safra National Bank.

 

The discussion focused on the following topics:

  • Greece’s economic turnaround and growth prospects
  • the impact of reforms on the economy and investing
  • the new opportunities created by the investment upgrade
  • the overall positive investment climate and initiatives to accelerate investments across several sectors.

Among the topics discussed were also the below:

  • Government’s initiatives to accelerate the judicial process
  • the streamlining of the regulatory process for foreign direct investments
  • the prospects of expanding and upgrading Greece’s capital markets
  • the privatization pipeline and the investment opportunities for international investors

U.S. Ambassador to the Hellenic Republic, H.E. George J. Tsunis, concluded the 26th Annual Capital Link Invest in Greece Forum

U.S. Ambassador to the Hellenic Republic, H.E. George J. Tsunis, with his exceptional Closing Remarks, concluded the 26th Annual Capital Link Invest in Greece Forum: "Greece - Speeding Ahead Post Investment Upgrade", that was
held with great success and participation, on Monday, December 11, 2024 in New York, in cooperation with the New York Stock Exchange, the Athens Exchange Group (ATHEX Group), and major Global Investment Banks &
Organizations, and under the Auspices of the Consulate General of Greece in New York.