Tag: manufacturing

PM Mitsotakis Backs U.S. Tariff Pause, Highlights Greek Industrial Growth

Prime Minister Kyriakos Mitsotakis welcomed the temporary suspension of U.S. tariffs and urged the EU to pursue a zero-tariff trade deal with Washington. During visits to industrial hubs in Central Greece, he highlighted government support for manufacturing, rising wages, and record-breaking investments aimed at boosting exports and reducing unemployment.

Greece Develops ARCHYTAS II Drone, a Rival to Turkey's Bayraktar

Greece’s Hellenic Aerospace Industry (HAI) has developed the ARCHYTAS II, a VTOL-capable drone designed to rival Turkey’s Bayraktar. This domestically produced UAV boasts a nine-hour endurance and a 30kg payload capacity, marking a significant step towards Greek military self-reliance. With a rapid three-year development timeline and cost-effective production, ARCHYTAS II positions Greece as a competitor in the burgeoning drone market.

OECD Forecasts Over 2% Annual Growth for Greek Economy in the Next Two Years

The Greek economy is set to grow by over 2% annually through 2026, fueled by EU funds and employment gains, according to an OECD report. While highlighting Greece’s recovery from its debt crisis, the OECD urged further reforms to enhance investment, competitiveness, and tax policy. Prime Minister Kyriakos Mitsotakis emphasised the nation’s progress in job creation and rising wages, while pledging continued reforms under Greece’s stable government.

Greek Business Leaders Bring Taste of Innovation to Oceania and Southeast Asia

A high-level delegation of Greek businesses is heading to Oceania and Southeast Asia this October, aiming to strengthen economic ties and showcase the dynamism of the Greek economy. The mission, featuring companies specializing in food and beverage, manufacturing, and more, will make stops in Melbourne, Sydney, Adelaide, Auckland, and Singapore.

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