The strongest Greek companies are “relocating” to London, where they will be at the center of the international investment community’s attention at two major conferences taking place in the British capital: J.P. Morgan’s on November 20-21 and Morgan Stanley’s on December 1-2. The second conference, exclusively Greece-focused, is co-organized by Morgan Stanley and the Hellenic Exchanges and will be honored by the presence of Prime Minister Kyriakos Mitsotakis. It will serve as the culmination of a year during which Greece played a leading role in international markets, earning investors’ vote of confidence and praise from international firms and personalities for its progress and performance, making it now a model to follow. It should be noted that our country stands out not only for its economic performance, but also for its political stability, as well as its upgraded role in the new geopolitical landscape.
Which banks and companies are heading to London for Morgan Stanley & JP Morgan
At the Morgan Stanley conference, all four major systemic banks will be present, with CEOs Fokion Karavias (Eurobank), Christos Megalou (Piraeus), Pavlos Mylonas (National Bank) and Vasilis Psaltis (Alpha Bank) participating in a panel on December 1st about the Greek banking system. Last week, the four major banks announced their nine-month 2025 results, which demonstrated their potential for strong growth and profitability, high credit expansion -far higher than other European banks- and strong capital adequacy and liquidity. Beyond the four major banks, the Greek business “scene” will also be represented in London by: ADMIE Participations, Aegean, ACTOR, Alter Ego Media, Athens International Airport, EYDAP, Autohellas, AVAX, Bank of Cyprus, Cenergy Holdings, Coca Cola HBC, Credia Bank, ELLAKTOR, ElvalHalcor, Fourlis, GEK TERNA, Hellenic Republic Asset Development Fund, OTE, Helleniq Energy, IDEAL, Intralot, Jumbo, Kri-Kri, Lamda Development, Metlen, Motor Oil, Noval, OPAP, Optima Bank, OLP, PPC, Profile, Qualco, Sarantis, Theon, TITAN, Viohalco.
Representatives of listed companies will have a series of meetings with investors, presenting their prospects and the macroeconomic environment of the Greek economy. Greece in recent years has managed to dramatically transform its economy and emerge as one of the countries with the highest performance in the eurozone. From 2019 to today, the Greek GDP growth rate consistently exceeds the eurozone average, with real GDP increasing at a rate of approximately 2% annually in the first half of 2025 -significantly higher than the eurozone average- and the Bank of Greece expecting similar growth rates to be maintained at least until 2027.
As Bank of Greece Governor Yannis Stournaras said when receiving the award given to Greece by Italy’s Bruno Leoni Institute, “for the strength and determination it showed, despite the immediate social cost, to follow the difficult path of economic rehabilitation and development,” the most important thing is that Greece’s recovery path is not based on short-term economic stimulus measures, but on strong fundamental economic indicators: healthy public finances, resilient household consumption, dynamic investment recovery, thanks also to the Recovery and Resilience Facility (RRF) resources, and excellent export performance -especially in tourism, logistics, digital services and innovation-intensive sectors. At the same time, the labor market has strengthened, with the unemployment rate falling to single-digit levels for the first time since the beginning of the crisis and the labor force participation rate increasing, while export activity is expanding beyond tourism to include high value-added manufacturing products. The recovery is now also translating into social welfare benefits, as evidenced by the increase in disposable income and the significant reduction in inequality, poverty and social exclusion indicators between 2019 and 2023.
As the Bank of Greece Governor emphasized, Greece continues to achieve high primary and overall fiscal surpluses without needing to resort again to restrictive fiscal policy, but relying on fiscal discipline, improved tax administration and decisive fight against tax evasion. Public debt is steadily decreasing as a percentage of GDP, at the fastest rate of any other country, and Greece is the only country where the debt-to-GDP ratio is steadily declining until 2031. And this, at a time when economies such as the US, Italy and Brazil see their debt curve increasing and many economies (e.g. Brazil, Germany) need fiscal adjustment to stabilize their debt.
Published in Sunday Afternoon
