Greek Businesses Poised for Growth Amid Global Challenges

Greek Businesses Poised for Growth Amid Global Challenges

Business

Greek businesses have shown remarkable resilience and adaptability in navigating successive crises, said George Papadimitriou, Managing Partner of EY Greece, in an interview with the Athens-Macedonian News Agency. Learning from past mistakes, these businesses have positioned themselves for growth despite a volatile global environment, CE Report quotes Athens-Macedonian

Papadimitriou highlighted that 2025 will be pivotal, urging Greek companies to harness the momentum of transformation to thrive amid ongoing challenges such as geopolitical tensions, demographic shifts, technological advancements, and environmental concerns. He emphasized, "Volatility is the new constant," referencing the overlapping crises of recent years, including the pandemic, inflation, and regional conflicts.

The Greek economy's resilience has enabled it to regain investment grade and achieve steady growth. However, Papadimitriou stressed the importance of attracting more foreign direct investment (FDI) to strengthen the economy further. He noted that Greece has seen an increase in FDI, with a focus on sectors critical to transforming its production model. "We must enhance the country’s attractiveness by addressing areas such as taxation, education, and judicial efficiency to stay competitive," he added.

As businesses face interconnected challenges, they must continuously adapt and redefine priorities. The global landscape in 2025, influenced by geopolitical developments, economic security, and the rise of the "space economy," will require Greek companies to proactively assess risks and mitigate impacts.

"Businesses that decode these changes and adapt swiftly will remain valuable and relevant in a rapidly evolving world," Papadimitriou concluded.

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