With its focus firmly on the future of Greek entrepreneurship, the Athens Chamber of Commerce and Industry (ACCI), together with the Athens Startup Business Incubator (THEA), participated in BEYOND EXPO 2026, the leading technology exhibition in Southeast Europe. Through a rich program of events held at its exhibition booth, the Chamber highlighted the opportunities presented by Artificial Intelligence, Biotechnology, and international collaborations, providing Greek businesses and the startup ecosystem with practical tools to thrive in the new digital era.

Beyond Expo has rapidly evolved into one of the most influential technology and innovation platforms in Southeast Europe. Its positioning extends beyond a traditional exhibition format, functioning as a regional convergence point for technology, investment, digital policy and innovation ecosystems. It brings together: Technology companies, Startups & innovation organizations, Research and academic institutions, Institutional representatives, public organizations and local authorities, Innovation ecosystems from Greece and abroad. Beyond Expo therefore represents a knowledge triangle with a quintuple helix model – a meeting point of technology, innovation, and public policy.  This makes the platform particularly relevant for international business communities seeking strategic visibility and engagement in the region.

The Athens Chamber of Commerce and Industry is one of Greece's leading business organizations, representing and supporting enterprises across a wide range of sectors. Established in 1841, it promotes entrepreneurship, innovation, internationalization, and sustainable economic development. Through various initiatives, services, and business support programs, ACCI helps strengthen the competitiveness of Greek companies and contributes to the growth of the national economy.

The Athens Startup Business Incubator (THEA) is one of the most important initiatives of the Athens Chamber of Commerce and Industry (A.C.C.I.) aimed at supporting entrepreneurship. It focuses on nurturing innovative new business ideas with strong growth potential and an outward-looking orientation. Through THEA, the A.C.C.I. seeks to strengthen entrepreneurship in sectors related both to new technologies and technological innovation, as well as to traditional industries that demonstrate strong growth potential and international orientation.

In his welcoming address, the President of ACCI, Yiannis Bratakos, emphasized, among other things: “The next phase of the country’s development will depend on our ability to transform knowledge into products, technologies into business activity, and innovative ideas into export potential. This year, we chose to place special emphasis on Biotechnology and Health Sciences, a sector that combines scientific excellence with the creation of substantial added value. It embodies all the characteristics required for the country’s new productive model: innovation, outward orientation, high specialization, and the generation of strong added value.”

During the session “The Biotechnology and Life Sciences Ecosystem in Greece and Its Potential,” co-organized with Enterprise Greece and Bioinnovation Greece, participants examined the role of Artificial Intelligence in pharmaceutical development, , as well as issues related to sustainability and the transfer of research from the laboratory to the marketplace. The event concluded with the Biohealth-Biotech Competition, during which the sector’s most innovative ideas were presented and awarded.

Enterprise Greece is the official investment and trade promotion agency of the Greek State, operating under the auspices of the Ministry of Foreign Affairs. It serves as the gateway to the opportunities Greece offers. Its mission is two-fold: to provide foreign investors with a one-stop shop for information, consulting, and assistance through every phase of their investment project, and promote Greek products and services in international markets.

BioInnovation Greece (BiG) is a non-profit organization dedicated to advancing Greece’s biotechnology and life sciences ecosystem. Through innovation, entrepreneurship, and strategic collaboration, it connects academia, industry, government, and international partners to drive scientific progress and economic growth. BiG’s goal is to position Greece as a regional hub for biotech innovation by supporting research, technology transfer, startups, and cross-sector partnerships. BioInnovation Greece Forum 2026, to be held on October 1–4, 2026 at Technopolis City of Athens, will convene leading figures from biotech, healthcare, research, startups, investment, and public policy.

The Greece–Slovakia Business Forum was co-organized by Enterprise Greece and the Slovak Investment and Trade Development Agency (SARIO), with the support of EEN Hellas.

The Open Innovation Challenge, a joint initiative of ACCI and the Ministry of Digital Governance, was launched by Minister of Digital Governance and Artificial Intelligence Dimitris Papastergiou and ACCI President Yiannis Bratakos.

The session on the “Positive Agenda Greece–Turkey” carried particular political and economic significance, highlighting the role of ACCI and THEA in strengthening entrepreneurship and innovation between the two countries. The discussion featured Mr. Bratakos, the Deputy Minister of Foreign Affairs Mr. Haris Theoharis, the Ambassador of Turkey to Greece H.E. Çağatay Erciyes, and the Secretary General of the Ministry of Digital Governance, Konstantinos Karantzalos. Emphasizing the new dimension of economic diplomacy, Mr. Bratakos noted: “Economic diplomacy through innovation is gaining particular importance, as partnerships are no longer built only in official offices, but also in incubators, startups, and technology communities. Initiatives such as the Greece–Turkey Hackathon go beyond a simple activity. They function as platforms for collaboration and knowledge exchange with long-term impact. Most importantly, they are not limited to the duration of a competition, but create the conditions for continuity, building relationships of trust among young people who are shaping the future of the economy.” In this context, the upcoming Greece–Turkey Hackathon 2026 was also presented, with this year’s central theme being Artificial Intelligence.

The activities of ACCI concluded with the Ready 4 Invest: Investment Readiness Toolkit (EEN2EIC) workshop and the event “Strategies for the Internationalization of Tech Startups and SMEs,” co-organized with Enterprise Greece.

Throughout the three-day event, visitors also had the opportunity to meet 10 innovative startups supported by the Athens Startup Incubator (THEA) of ACCI: EmAIRging, Brainfood Intelligent Media Cloud, Papertrail, Wocap, Oinovation, Synergy Accounting Intelligence Network, CloudSignals, HORECA360, Run4More, and KORI.

(Source: https://acci.gr/ )

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Leading representatives of the political, business, and investment communities from Greece and abroad gathered in Athens on June 22 for the third consecutive year for the Growthfund Investor Summit 2026. Under the theme, "Navigating the New Geoeconomic Order: Greece as a Strategic Hub for Capital and Growth," the summit highlighted the opportunities emerging for Greece from the evolving global geoeconomic landscape. Discussions focused on the forces shaping the next chapter of growth for the Greek economy, spanning investments and strategic infrastructure, artificial intelligence, energy, innovation, and tourism.

Growthfund, the National Fund of Greece, is the asset manager of a major portfolio of state-owned enterprises (https://growthfund.gr/en/)

Deputy Prime Minister Kostis Hatzidakis delivered the opening remarks, while Digital Governance Minister Dimitris Papastergiou and Infrastructure and Transport Minister Christos Dimas also spoke at the event. The summit concluded with an address by National Economy and Finance Minister and Eurogroup President Kyriakos Pierrakakis. Representatives of major international organisations and investment institutions also took part, including the European Stability Mechanism (ESM), the US International Development Finance Corporation (DFC), the European Investment Bank (EIB) and the International Congress and Convention Association (ICCA), along with executives from leading Greek and international corporate groups.

(Source: https://www.amna.gr/en/  ,  https://www.naftemporiki.gr/english/ )

Deputy Prime Minister Kostis Hatzidakis stated at the GFI Summit 2026, among others, that the Greek Innovation and Infrastructure Fund is now fully operational, with its first investment in digital infrastructure expected to be announced shortly. The Fund aims to mobilize more than €1 billion in investments over the next three years, while projects financed in the longer term are expected to reach €20 billion. He noted that the Fund, established under Law 5131/2024, forms part of a broader reform of Growthfund and its subsidiaries, supporting co-investments in strategic sectors and strengthening Greece’s development prospects. This is an instrument that has existed for years in most European countries but was missing from Greece. “Growthfund is no longer a vehicle serving the repayment of public debt; it is gradually being transformed into a major national development fund,” he said. Hatzidakis also highlighted the progress achieved by Growthfund and its subsidiaries in upgrading public services, improving the management of public assets, and accelerating investments in strategic infrastructure through the Strategic Contracts Unit.

Kostis Hatzidakis highlighted investors’ strong confidence in the Greek economy, noting that Foreign Direct Investment has exceeded €44 billion since 2019 and that Greece has recorded the highest increase in investment in the EU over the same period. He stressed that the country is increasingly attracting long-term capital and establishing itself as a stable and reliable investment destination.

He also announced the signing of the concession agreement for Kalamata International Airport with the consortium of Fraport, Delta Airport Investments, and PILEAS Holdings. The project is of particular importance for Messinia and the Peloponnese as a whole and is expected to upgrade the airport’s infrastructure and services, create jobs, and boost the local economy, while complementing the successful concession model already implemented at Greece’s 14 regional airports and soon to be extended to 22 smaller regional airports.

(Source: https://www.amna.gr/)

Concession agreement for Kalamata International Airport

The panel “Scaling Up Greece’s Investments Pipeline” brought together Giannis Papachristou, CEO of Growthfund, Nikos Stathopoulos, Chairman of Europe at BC Partners, and Giovanni Callegari, Head of Economic Risk Analysis at the European Stability Mechanism (ESM). The discussion focused on investment opportunities emerging in Greece and Europe, the role of artificial intelligence, competitiveness challenges, and the conditions needed to create the next generation of business champions, against a backdrop of geopolitical tensions, technological disruption, and evolving global economic challenges.

Giannis Papachristou, CEO of Growthfund, highlighted Greece’s emergence as a pillar of stability and an increasingly important hub for energy, logistics, transportation, and digital infrastructure in the Eastern Mediterranean. He noted that the country’s EU membership, skilled workforce, and strategic location continue to strengthen its investment appeal, while estimating that an additional €15 billion in annual investment is needed to accelerate economic transformation.

Emphasizing Growthfund’s role in attracting capital, Papachristou said investors look for three key factors: credibility, speed, and a strong project pipeline. He pointed to strengthened corporate governance standards, including merit-based board appointments and performance-based management evaluation. He highlighted the contribution of Growthfund’s Strategic Contracts and Projects Unit, which has launched more than 850 tenders, awarded projects worth €2.5 billion, and built a pipeline approaching €10 billion. Papachristou also pointed to the successful listing of Athens International Airport and the improved performance of Growthfund’s portfolio companies, with eight out of ten now profitable. Looking ahead, he said Growthfund is shifting its focus from successful divestments to strategic investments in sectors such as technology, artificial intelligence, and infrastructure. He also highlighted the Invest10 initiative, developed with McKinsey, which identified 30 mature investment opportunities from an initial review of around 100 sectors. The next step is to select ten fully investable projects to be presented to the international investment community.

(Source: https://www.amna.gr/ )

A Memorandum of Understanding between Growthfund and the International Congress and Convention Association (ICCA) was signed as part of Growthfund’s conference. Giannis Papachristou said that Greece has all the conditions to significantly strengthen its position in the global meetings and exhibitions industry. He highlighted the country’s strong brand, strategic geographic location, highly skilled workforce, and rich tourism experience, as well as a unique cultural legacy spanning more than 40 centuries.

(Source: https://www.amna.gr/  )

Dimitris Papastergiou, Minister of Digital Governance and Artificial Intelligence, described the Pharos AI Factory as a tool capable of creating real value, speaking at Growthfund’s Investor Summit 2026. He noted that the initiative will serve as an open hub for artificial intelligence in Greece. “We are not simply building a supercomputer. We are building the country’s capacity to develop, test, and deploy AI solutions with a Greek footprint and in line with European standards,” he said, outlining the structure of the Pharos AI Factory, which is being developed in Lavrio around Greece’s first national supercomputer, Daedalus. Papastergiou added that “Daedalus is only the beginning,” emphasizing that the ecosystem of training, access, and expertise being built around these infrastructures will be expanded through new facilities currently being developed by GRNET in Kozani. “Artificial intelligence requires talent, and Greece has an abundance of it. It also requires data, which is why we recently made available 22,000 open, high-quality datasets through data.gov.gr, as well as the necessary infrastructure,” said Papastergiou, emphasizing the importance of AI for productivity, competitiveness, and the country’s long-term development prospects.

(Source: https://www.amna.gr/  )

Christos Dimas, Minister of Infrastructure and Transport, speaking at the Growthfund Investor Summit 2026, emphasized that strengthening supply chain resilience, facilitating international trade, mitigating the impacts of climate change, and safeguarding the free and secure movement of people and goods are key priorities for Greece. Describing Greece as a “bridge of stability connecting Europe, the Balkans, the Black Sea, the Eastern Mediterranean, and the Middle East,” Dimas highlighted recent efforts to advance regional connectivity. He noted that, during a meeting in Thessaloniki, Greece, Bulgaria, and Romania reaffirmed their commitment to completing the Black Sea–Aegean axis as part of the Baltic–Black Sea–Aegean (BBA) Corridor. He also said he held discussions with representatives from the Western Balkans, Moldova, Ukraine, as well as investors and financial institutions, on accelerating the infrastructure projects needed to ensure the smooth and profitable operation of the Western Balkans–Eastern Mediterranean corridor.

(Source: https://www.amna.gr/  )

Kyriakos Pierrakakis, Minister of National Economy and Finance, announced the renaming of Growthfund to the National Development Fund, describing it as both a symbolic and substantive reflection of Greece’s transformation beyond the crisis years. He said the organization’s mission is now to convert public assets into productive capital, mobilize investment, and support long-term economic growth. “The time is now,” Pierrakakis stressed, calling on Greece to invest, accelerate reforms, and seize new development opportunities.

Pierrakakis said Growthfund’s transformation marks a shift from crisis management to a strategic development role, acting as a catalyst for investment and long-term growth. He noted that Growthfund currently manages assets worth approximately €12.3 billion, with a portfolio of 23 subsidiaries and holdings, operations across 11 strategic sectors of the economy, and more than 25,000 employees within its companies. These assets span critical national infrastructure in energy, transport, logistics, real estate, and networks. Growthfund provides the institutional framework needed to align investments, infrastructure, productivity, and public administration reforms into a coherent engine for long-term economic growth.

Pierrakakis said this is precisely Growthfund’s strategic role: to mobilize capital, mature projects, and accelerate investment in key sectors of the economy. He highlighted the Invest10 initiative, developed jointly by the Ministry of National Economy and Finance, Growthfund, and McKinsey, which identifies priority sectors on both emerging industries—such as semiconductors, data centers, artificial intelligence, digital infrastructure, and high-tech startups—and established strengths, including infrastructure, energy, logistics, agrifood, medical tourism, and the “silver economy.” He also stressed that competitiveness depends on concrete factors such as energy costs, financing access, licensing speed, logistics efficiency, and productivity, with Growthfund positioned at the center of these dynamics as Europe advances integration in capital markets, energy, and infrastructure.

(Source: https://www.amna.gr/)

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In its 2026 European Semester assessment, the European Commission concluded that Greece no longer suffers from Macroeconomic Imbalances, marking the country's removal from the corresponding monitoring framework for the first time since the Greek sovereign debt crisis began. The Greek Ministry of National Economy and Finance described the development as a landmark achievement, underscoring its strong symbolic value and its tangible significance for the country's economic progress.

According to the ministry, this development carries significant historical weight. Following the decade of bailout programs (2010–2018), the Enhanced Surveillance regime (2018–2022), Greece's prolonged placement in the category of Excessive Macroeconomic Imbalances during 2019–2024, and its inclusion in the category of Macroeconomic Imbalances in 2025, the country is now returning to full European normality. The ministry adds that the significance of this development is even greater when considering that ten European Union member states are currently subject to excessive deficit procedures. This highlights not only the significant improvement in Greece's fiscal position, but also the fact that the economy's external imbalances and structural weaknesses have now been reduced to a level that no longer constitutes a systemic risk to the country's economic stability.

According to the Ministry, Greece's exit from the Macroeconomic Imbalances framework, the maintenance of fiscal surpluses, the continued reduction of public debt, improvements in the labor market, sustained progress in structural reforms, and the effective utilization of European funding instruments together paint the picture of an economy that has definitively moved beyond the conditions of the crisis era. These achievements, the Ministry notes, reflect an economy that continues to advance on a path defined by stability, credibility, and resilience, while strengthening its foundations for sustainable long-term growth.

More specifically, the European Commission notes in its assessment that vulnerabilities related to public and external debt have declined significantly in recent years. It highlights that sustained economic growth, fiscal surpluses, stronger bank balance sheets, and the implementation of reforms have played a decisive role in reducing the risks that had characterized the Greek economy for many years.

The Commission further emphasizes that:

• public debt is on a steady downward trajectory;
• external imbalances have been substantially reduced;
• banks have significantly strengthened their balance sheets;
• labor market conditions have continued to improve; and
• Greece has implemented a broad range of reforms in the business environment, labor market, and tax administration.

Strong Growth Despite an Uncertain International Environment

The Greek economy expanded by 2.1% in 2025, despite a period of heightened uncertainty for both the European and global economies. The European Commission forecasts that growth will continue at a rate of 1.8% in 2026, compared with an average of 0.9% for the Eurozone, reaffirming the resilience of the Greek economy.

Fiscal Surpluses and Strong Fiscal Performance

Greece recorded a General Government surplus of 1.7% of GDP in 2025, up from 1.3% of GDP in 2024.

According to the European Commission, this performance was driven by:

• restraint in current public expenditure;
• lower debt-servicing costs; and
• stronger tax revenue collection.

Greece achieved this result while simultaneously implementing reductions in social security contributions, increasing public-sector wages, and introducing targeted support measures for households.

Continued Debt Reduction at the Fastest Pace in Europe

Greece continues to record the fastest pace of public debt reduction in Europe, further strengthening the sustainability of its public finances and enhancing confidence in the country's long-term economic outlook. The European Commission projects a further significant decline in Greece's public debt ratio:

• 154.2% of GDP in 2024;
• 146.1% of GDP in 2025;
• 140.7% of GDP in 2026 (forecast); and
• 134.4% of GDP in 2027 (forecast).

In other words, Greece is expected to reduce its debt-to-GDP ratio by nearly 20 percentage points in just three years. According to the Commission, this improvement is being driven by strong nominal economic growth and the continued generation of fiscal surpluses.

Recognition of Reforms and the Digital Transformation

The report places particular emphasis on the reforms implemented in recent years, highlighting their contribution to strengthening the Greek economy and improving public sector efficiency. Specific reference is made to:

• the digitalization of tax administration;
• the digitalization of customs controls;
• the development of digital compliance tools;
• the significant reduction in the VAT gap; and
• the overall improvement in tax compliance.

The European Commission also underscores the substantial progress Greece has made in modernizing its public administration. At the same time, it notes that public-sector wage expenditure amounted to 10.2% of GDP in 2025, remaining broadly in line with the European Union average of 10.3%.

Above the EU Average in the Implementation of European Programs

The European Commission finds that the implementation of Cohesion Policy programmes in Greece is progressing at a faster pace than the European Union average, both in terms of project selection and the disbursement of funds. At the same time, the Commission acknowledges the significant contribution of the Recovery and Resilience Facility (RRF) in advancing investments and reforms that strengthen the competitiveness and resilience of the Greek economy. These developments underscore Greece's ability to effectively absorb and utilize European funding, supporting sustainable growth and accelerating the country's economic transformation.

(Source: https://www.amna.gr/)

OECD: Greek Economic Growth Remains Resilient

In its latest Economic Outlook, the OECD projects that the Greek economy will maintain strong growth momentum despite the uncertainty stemming from the crisis in the Middle East. Specifically, the OECD forecasts GDP growth of 1.9% in 2026 and 2.0% in 2027, broadly in line with the 2.1% growth recorded in 2025.

According to the report, investments will be supported by increased disbursements from the Recovery and Resilience Facility (RRF), which are expected to rise from 2.6% of GDP in 2025 to 4.4% of GDP in 2026. At the same time, consumption is projected to benefit from continued employment growth, reductions in personal income taxation, and measures aimed at mitigating the impact of the energy crisis, despite persistently elevated energy prices. The OECD also expects exports to strengthen gradually during the second half of 2026 as international demand improves.

(Source: https://www.amna.gr/)

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Greece has recorded the largest reduction in public debt among the EU’s 27 member states following the pandemic crisis, according to aggregated Eurostat data announced yesterday, confirming the steady downward trend of recent years.

“Greece is recording the fastest debt reduction in history,” emphasized Minister of National Economy Kyriakos Pierrakakis in a post on X. As Kyriakos Pierrakakis highlights, the rapid reduction of debt is a deliberate government choice, aimed at ensuring it is not passed on to the next generation.

Public debt-to-GDP ratio (Source: Eurostat, AMECO)

Due to extraordinary fiscal spending and the recession caused by Covid-19, Greek debt had risen in the first quarter of 2021 to 212.9% of GDP—more than double the European average, which at that time stood at 91.5%. However, by the end of 2025, the debt-to-GDP ratio had declined to 146.1%. This decrease—amounting to nearly 67 percentage points within four years—was achieved despite the pressures on the economy from the dual energy and supply crisis triggered by Russia’s invasion of Ukraine.

In practice, Greece’s debt-to-GDP ratio has returned to its most favorable levels since the summer of 2010, that is, since the launch of the first adjustment program. This outcome is attributed to prudent fiscal policy with the creation of primary surpluses, the early repayment of loans from the first bailout program and expensive IMF loans, as well as strong growth rates that boost GDP. During the same period, the European average improved by only 9.8 percentage points. As a result, the gap between Greece and the EU narrowed to 64.4 percentage points, compared to 121.4 points recorded at the beginning of 2021. The only country with comparable performance is Cyprus, which between 2021 and 2025 improved its debt-to-GDP ratio by 62.5 percentage points. On the other hand, eight member states saw their debt increase, while major economies such as Germany and France reduced their debt-to-GDP ratios by just 5.3 and 1.5 percentage points respectively, despite their traditionally lower borrowing costs.

It is noted that the structure of Greek debt remains favorable, as a large portion consists of support loans from previous programs, as also highlighted by the analysis of ELSTAT. The government’s economic team continues to target a further reduction of the debt, aiming for 140% of GDP by 2027 and 120% by 2030.

(Source: https://www.amna.gr, Cover photo: Shutterstock)

Valdis Dombrovskis, Commissioner for Economy and Productivity, and for Implementation and Simplification, https://x.com/VDombrovskis/status/2047262424554705205/photo/1

Daniel Kral - Oxford Economics, https://x.com/DanielKral1/status/2046961944570069296/photo/1

Daniel Kral - Oxford Economics, https://x.com/DanielKral1/status/2046961944570069296/photo/1

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