MICROSOFT PLANS $1 BILLION DATA CENTER VENTURE IN GREECE

Microsoft has announced plans to build three data center sites in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic.

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The news was announced this week by the U.S. tech giant and Greek Prime Minister Mitsotakis and follows nine months of confidential negotiations for an agreement that also includes digital-skills training programs for some 100,000 government and private sector workers as well as educators and students.

“This significant investment is a reflection of our confidence in the Greek economy, in the Greek people and the Greek government,” Microsoft President Brad Smith said at a ceremony held in the Acropolis Museum, facing the ancient site in central Athens. “It’s not something we do often and it’s not something that we do lightly.”