Commendation for Greece from Citi: Reforms brought the recovery

Citi CEO Jane Fraser referred to the transformation of the Greek economy and the reforms that, as she noted, strengthened the country's position in the EU and NATO.

Commendation for Greece from Citi: Reforms brought the recovery

This article is an AI translation of an original piece published in Greek. Read original

 

Citi CEO Jane Fraser praised the course of transformation of the Greek economy and the reforms that have been implemented in the country, following her meeting last week with Prime Minister Kyriakos Mitsotakis.

In her LinkedIn post, Ms. Fraser noted that “Greece’s transformation course over the last decade demonstrates the results that targeted and consistent reforms can bring.”

As she stated, during her meeting with the prime minister she discussed the structural reforms behind the country’s economic recovery. “These reforms gave Greece a strong, leading voice in the EU and NATO,” she stressed.

The head of Citi also referred to the American group’s long-standing presence in Greece, noting that the bank has supported the country “for more than six decades, in good and difficult years,” as a strategic partner of the Greek state, the banking system, and Greece’s leading businesses.

Dual momentum for Greece

Jane Fraser stressed that Greece’s current momentum is being strengthened in two directions.

On the one hand, as she noted, Greek businesses are seeking to expand globally. On the other, more and more companies of global reach see Greece as an attractive destination for foreign investment.

“Citi has supported Greece for more than six decades, in good and difficult years, as a strategic partner of the Greek state, the banking system, and the country’s leading companies,” she said characteristically.

Also participating in Ms. Fraser’s meeting with the prime minister on behalf of Citi was Citi’s CEO and Head of Corporate Banking for Greece, Cyprus, and Malta, Aimilios Kyriakou.

Closing her post, Jane Fraser thanked Kyriakos Mitsotakis for the exchange of views and for his vision, as she said, “for the new chapter opening up for Greece.”

 

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