U.S. Ambassador Calls on Greek-Americans to Invest in Greece

Greek Americans Pyatt
“It’s time for folks to give Greece another look,” the US Ambassador said at the AHI event in Athens. Credit: US Embassy

U.S. Ambassador to Greece Geoffrey Pyatt challenged earlier in the week the Greek-American business world to “take a closer look at investing in Greece.”

Speaking at an American Hellenic Institute (AHI) event held in Athens on Wednesday, Pyatt said that “the sweeping reforms that the Greek government has undertaken have created the most business-friendly environment in the country in many decades.”

He noted that these reforms have helped to drive major new investments in Greece by giants like Cisco, Pfizer, Mondelez, Digital Realty, AWS, and Microsoft.

“It’s time for folks to give Greece another look,” he added.

He referred to U.S. companies like Pfizer, Abbott Corporation, and Johnson & Johnson for helping to strengthen health care cooperation with Greece, tech companies like Microsoft, Cisco, AWS, and Google which have stepped up to offer remote work and learning solutions to Greek citizens, and the Niarchos Foundation which has funded the expansion of ICU capacity in Greece’s public hospitals.

“In particular, Pfizer’s COVID-19 vaccine is a success story for transatlantic cooperation as well as a testament to the power of the Greek diaspora. Pfizer CEO Albert Bourla, who led the team that produced this life-saving vaccine, is now quite deservedly one of the most famous Greek Americans in the whole world,” Pyatt said.

Role of Greek-American organizations

Pyatt, credited to a large extent for the spectacular improvement in relations between Athens and Washington since he was sworn in as the U.S. Ambassador in September 2016, also paid tribute to the efforts of Greek-American organizations that helped forge strong ties between Washington and Athens.

“The Greek diaspora plays an important role, putting our democratic principles into practice forming a bridge between the peoples of our two countries. As I often say, you and the diaspora are one of the “secret ingredients” of the U.S.-Greece relationship,” Pyatt noted.

The American diplomat also referred to to the defense and security relationship between the two nations following the signing of the new Mutual Defense and Cooperation Agreement in October and said:

“I am proud to say we are at a high point in our military cooperation…we’ve reached a moment in which Greek and American interests in this region are more closely aligned than ever before, and the U.S.-Greece relationship is at an all-time high.”

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