Prime Minister Kyriakos Mitsotakis, speaking on Wednesday evening at ECONOMIST IMPACT, emphasised that Greece bears no resemblance to the country it was exactly ten years ago.
Joining Mitsotakis on the panel was Institute Professor of Economics at the Massachusetts Institute of Technology (MIT) and recipient of the 2024 Nobel Prize in Economic Sciences Daron Acemoglu.
The discussion between Mitsotakis and Acemoglu focused on the trajectory and impact of AI on modern societies and citizens, while also addressing concerns about the quality of democracy in today’s world.
When asked by the moderator, Daniel Franklin-Executive Editor and Senior Editor at The Economist-about the state of Greece and global affairs, Mitsotakis described the situation a decade ago, just days before the referendum.
He remarked that Greece was “ living in a time when it was descending the steps of the abyss, at risk of leaving the euro.” He further noted, “ the result of that experiment was the third programme, and the country deviated further from its targets.”
Mitsotakis said that after six years, Greece’s finances are now in order; it borrows at lower rates than Italy, runs primary surpluses, and is able to implement policies that support economic growth and job creation.
The Greek premier also noted that Greece is ahead of many European countries in digital progress and stressed the need for an efficient public administration, where technology can play a key role.