As per reports, Microsoft (MSFT) has agreed to build new data centers in Greece, making it the first country in southeastern Europe to host Microsoft data centers. The investment is expected to boost entrepreneurship and encourage companies to invest in the country after the country has been one of the worst affected by the COVID-19 pandemic.
Greece expects unemployment to fall to 18.6% in 2020 from the crisis peak of nearly 30%. The International Monetary Fund forecasts that joblessness will surge back to around 20% this year.
The decision “shows confidence in the Greek economy, the Greek people and the government. It’s not something we do in every country.” stated Microsoft President Brad Smith.
Microsoft to soon start the training program, also the initiative aims to create around 100,000 jobs in the country, informed Microsoft President Brad Smith. Microsoft is additionally also working on an artificial intelligence project for the ancient city of Olympia, expected to be ready early next year, along with its acquisition of a Greek start-up earlier this year.
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