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PM Mitsotakis meeting with investors in London

Featured PM Mitsotakis meeting with investors in London

Prime Minister Kyriakos Mitsotakis continues his three-day official working visit to London. On Monday, he will have the opportunity to meet leading investors, and present the investment opportunities in Greece, at the conference organised by the Athens Stock Exchange and Morgan Stanley.

The prime minister, who was also a keynote speaker at last year's roadshow of the Athens Stock Exchange in London, will have a public discussion with Luigi Rizzo, vice president of Investment Banking at Morgan Stanley.

He will also meet with the leader of the Labour Party, Keir Starmer, while in the afternoon he will speak at an event of the Greek embassy in London about the "Seferis office" (in the embassy residence), the space where the Greek Nobel laureate worked and the "Roderick Reading Room" Beaton", which become museums.

What he'll say about Greece

The prime minister will move on several axes, firstly that of the performance of the Greek economy, which has also brought the investment level. After all, the majority of foreign analysts estimate that the Greek economy will benefit from the funds of the Recovery Fund and will "run" at a rate of around 2%, higher than the average performance of European economies.

There are already quite a few foreign analysts who have extolled Greece's performance both in terms of fiscal and development prospects. In fact, Société Generale has estimated a further improvement in the evaluations of the Greek economy, if indeed it continues at the same pace with investments and reforms, which will both strengthen its growth potential and further reduce the debt ratio.

The baseline with S&P

The Prime Minister's baseline will be the one outlined by the rating agency Standard & Poor's, which indicated that the growth rate of Greek GDP is likely to decrease in 2023, but remain higher than the corresponding rates of the Eurozone and is estimated at 2.5%, supported by investment, increased tourism, reduced unemployment and broader support for private credit.