Watsa: Cut red tape and trust your business community

An environment that would attract investments and bolster entrepreneurship is the only way that Greece will get back on the path of growth and create jobs, Fairfax Group head Prem Watsa told Kathimerini during a recent visit to Greece, where he met with Prime Minister Kyriakos Mitsotakis.

With considerable investments in the local financial sector, Watsa did not rule out bidding for Ethniki Insurance in the upcoming tender, but played down rumors of this being part of a broader merger plan.

The conditions are in place for investments to flourish in Greece, said Watsa. "The government is focused on realizing what it has pledged and combined with the majority it has secured in Parliament I believe the country has substantial potential for transformation, as the government can realize its promises quickly and efficiently," he said, adding that he also acknowledges "the...