Greece saw a “double upgrade” at the end of last week, government spokesperson Stelios Petsas said at Tuesday’s press briefing, while a series of meetings held by Prime Minister Kyriakos Mitsotakis in Davos signalled the country’s “return to the future”.
“Transparency International afforded our country a 7-position improvement in the corruption perceptions index, moving it up to the 60th place from 67th last year, and at the same time Fitch upgraded Greece to ‘BB’ from ‘BB-‘ with a positive outlook, bringing us one step closer to investment grade,” Petsas pointed out.
He underlined that the government has made rapid progress in terms of reducing taxes on labour and capital.
Regarding Mitsotakis’ meetings with politicians and economic officials in Davos, he said that these reflected “Greece’s return to the future…Besides his participation in two official events and interviews to Bloomberg and Politico, he had over 17 bilateral meetings.”
It was again confirmed at an international level, the spokesperson added, that Greece has left the crisis behind it and looks confidently toward the future. Petsas noted that big foreign investors view the country positively after July 7, encouraged by the reduction of taxes and bureaucracy, the implementation of essential reforms and the country’s political stability. The visit also confirmed increased interest by investors for cooperation in sectors such as digitalisation, cultural heritage , renewable energy sources, waste management and real estate, he said.
Mitsotakis was described by senior European figures as “the greenest prime minister that Greece has ever had” and as the prime minister who is really implementing major reforms, Petsas pointed out. “All this shows that Greece is back,” he added.
Finally, he announced the prime minister’s programme for the coming days, focusing on Mitsotakis’ visit to Paris and Brussels on Wednesday. During the visit, the Greek premier will meet French President Emmanuel Macron in Paris and later attend a working dinner European Council President Charles Michel.
On Thursday, Mitsotakis will chair a cabinet meeting and afterwards meet the leadership of the Ministry of Health, continuing the six-month evaluation of the government’s work.
On Saturday, the Greek premier is to visit Portugal to take part in the Friends of Cohesion Summit focusing on the new Multiannual Financial Framework 2021-2027.
Finally, on Sunday, Mitsotakis is to visit Riyadh, Saudi Arabia and Abu Dhabi in the United Arab Emirates, where he will have a series of meetings.