Tuesday, October 22

Tag: Kyriakos Mitsotakis

Greece’s Great Economic Comeback – WSJ
24Oct By adminNo Comments
Business

Greece’s Great Economic Comeback – WSJ

Talk about an economic comeback story. Less than a decade ago, Greece looked like it might never recover from its economic and political traumas. On Friday it won back an investment-grade credit rating from Standard & Poor’s.The upgrade on Greek debt achieves a goal set by Prime Minister Kyriakos Mitsotakis, although it also sells short the scale of the transformation Mr. Mitsotakis has brought about in Athens. S&P Global cited “significant budgetary consolidation” and the summer’s electoral “mandate for policy continuity” to explain its decision—which, as so often with credit ratings, arrives behind the curve and for the wrong reasons.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Greek Leader Says Climate Change ‘An Opportunity To Expand Our Tourism Season’
25Sep By adminNo Comments
Politics

Greek Leader Says Climate Change ‘An Opportunity To Expand Our Tourism Season’

Greek Prime Minister Kyriakos Mitsotakis called climate change “an opportunity to expand our tourism season” after his country suffered deadly wildfires and historic floods in recent months.Asked if the scorching temperatures recorded in Greece over the summer could encourage tourists to seek destinations in northern Europe, Mitsotakis told Bloomberg TV “it’s still going to be some time before the Scandinavian beaches ... compete with the Greek beaches.”“People still enjoy the hot Mediterranean and they do want to come to the Mediterranean and to Greece in particular during the summer because they like to spend time at the beach,” Mitsotakis said. “If anything, I would argue that climate change is an opportunity for us to expand our tourism season.”Mitsotakis argued that rising temperatur...
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