Prem Watsa
Greece seen on the right path
Investors and financial analysts placed Greece halfway toward converging with the most developed economies during discussions on the second day of the Delphi Economic Forum on Thursday. Mapping out the next steps after stabilization and recovery, they converged on three pillars: stable government, investment grade and investment, along with reforms.
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‘Greek banks are safer’
Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented.
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Biggest foreign investor is ‘bullish’ on prospects
The Greek economy is "in an especially good position," local banks are "extremely well capitalized" and the country's debt will be upgraded to investment grade a few months after the elections.
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Prem Watsa: Greece must become more investment-friendly
The creation of an investment-friendly environment that will boost entrepreneurship is the only path that can lead the country to growth, which will in turn create jobs, Fairfax Group head Prem Watsa told Kathimerini last week during a visit to Greece, where he met with Prime Minister Kyriakos Mitsotakis.
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.
Meeting between PM, billionaire investor Watsa 'extremely cordial'
A meeting on Friday between Greek Prime Minister Kyriakos Mitsotakis and Indo-Canadian billionaire investor Prem Watsa, head of Fairfax Financial Holdings, was "extremely cordial," sources said.
Prem Watsa: Make Greece business-friendly
In an interview with Kathimerini, Indo-Canadian billionaire Prem Watsa, head of Fairfax Financial Holdings, expresses optimism that Greece can achieve a strong economic recovery in the coming years.
Apart from Eurobank and Grivalia Properties REIC, a Greece-based real estate investment company, Watsa has also invested in the Eurolife ERB insurance group and other companies.
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Watsa: End capital controls, open up
Greece requires economic liberalization, stressed Prem Watsa, the head of the Fairfax group, while addressing the "Dialogue2" event organized by the Eurolife ERB Insurance Group in Athens on Tuesday.
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Watsa to ask Athens for incentives that will attract foreign funds
The president and chief executive officer of Fairfax Financial Holdings, Prem Watsa, said on a visit to Eurobank on Monday that "Greece has strong growth potential. To unleash this, young talent must stay in the country and be provided with the know-how and financial backing they need to flourish."
Stournaras to meet Fairfax Financial Holdings chief Prem Watsa
Greek Finance Minister Yannis Stournaras was scheduled to meet with Fairfax Financial Holdings founder and chief executive Prem Watsa [photo] on Friday.
A group led by Watsa's Canadian company became the anchor investor in Eurobanks recent 2.8 billion share capital increase.