Tornos News | Fokion Karavias

The CEO of Eurobank, Fokion Karavias, in his speech at the general assembly of the Association of Greek Tourism Businesses, particularly referred to the great opportunities that the opening of India, a market of 1.5 billion people, will offer to Greek tourism.

Mr. Karavias said specifically:

“… You all know that we are going through a period of major geopolitical reshuffles. Their focus is on Asia and the future of its relationship with the West. China has been the star of the first quarter of the 21st century. Today, the big picture refers to the emergence of India. I have spoken and written about the opportunities that the opening of a market of 1.5 billion people creates for Greece and for Cyprus. Business agreements are not made without the movement of people and direct contact. And that is why it is a happy coincidence that Mr. Vassilakis preceded because Aegean is already planning the direct flights that are crucial for the development of commercial relations.

However, beyond a large market for goods and services, India also provides a great opportunity for tourism. It has, among other things, a vibrant middle class, affluent and eager to get to know the world. Greece is small, and what seems small in percentage terms can be large in absolute numbers and make a difference for our country.

Eurobank is already planning in this direction. Recently, we were part of the initiative that led to the establishment of the first office of the large travel agency Thomas Cook India in Cyprus, the first on European soil. I believe that steps can also be taken from the side of government services – for example, with the faster issuance of visas – but also from a business perspective, those who move decisively in this direction will have a significant lead and unlimited growth opportunities. From our side, we are here to support them both in an advisory capacity, because in a few months, we will be the first and only Greek bank with a representative office in India, but also financially, within the framework of a collaboration that we honor and you know.

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