Greek prime minister touts economic recovery and new regional energy links

Kiryakos Mitsakis told the General Assembly that Greece recovered from a severe economic contraction seven years earlier, that GDP growth now outpaces the European average, and that public debt is declining faster than other OECD countries. He said that structural reforms and state digitalization helped restore investor confidence.

"Seven years ago, my country was still emerging from the most painful economic crisis in its modern history, having lost more than 25% of its GDP," Mitsakis said, citing recent rating upgrades and lower borrowing costs compared with several G7 countries. He urged investment in modernization, innovation and infrastructure while protecting social cohesion.

On connectivity and energy, he highlighted projects intended to link electricity grids and bring clean energy from Egypt to Europe. Mitsakis named two initiatives—GREG and the Great Sea Interconnector linking grids with Cyprus and Israel—and framed them as part of Greece’s strategy to become a provider of energy security to its northern neighbors.

Why it matters: The remarks position Greece as an improving economic actor attracting investment and as a regional hub for energy and digital connectivity; both strands bear on regional trade, energy security and future EU cooperation.