Europe, today, faces major challenges. With limited competitiveness, increasing defense requirements and expenditures, and the ongoing cost of living crisis and housing shortages, the continent must find ways to boost economic growth, address fiscal deficits, and avoid austerity policies that could undermine the social cohesion and values built over decades. Yet Europe is held back from achieving these goals by the fragmented policies of member states and by a lingering bureaucracy that often seems to operate detached from reality.
Within this environment, Greece is going through a period of geopolitical and economic change, making strategic transatlantic partnerships more crucial than ever. Case in point, Athens recently hosted the sixth meeting of Partnership for Transatlantic Energy Cooperation (P-TEC), convened by the US Department of Energy, the Ministry of Environment and Energy of Greece, and the Atlantic Council Global Energy Center. P-TEC 2025, in which AmCham Greece actively participated, focused on strengthening energy cooperation between Greece, Europe, and the United States and brought together government ministers, businesses, and industry leaders to discuss key issues, including Europe’s energy independence through US LNG, innovation and alternative energy solutions, and investment and financing opportunities. Significant agreements were signed during the conference between companies, Chamber members, and international partners, highlighting Greece’s potential not only as a major energy transit hub for Europe but also as an energy producer, contributing substantially to the continent’s energy security.
The arrival of the new US Ambassador to Greece adds further momentum to these efforts. A strong diplomatic presence will play a decisive role in deepening political and economic relations, supporting US investment, and promoting joint initiatives in energy, trade, and technology. Taken together, these developments create a unique opportunity to further upgrade business and trade relations between Greece and the United States.
Meanwhile, as Greece seeks to improve its competitiveness within the European Union, the country must move to strengthen the institutional framework, invest in infrastructure and innovation, and support key sectors such as energy, manufacturing, and technology, in order to continue attracting investment, foster a strong culture of entrepreneurship, and maintain its status as a reliable partner in the global market.
The American-Hellenic Chamber of Commerce remains firmly committed to its role as a bridge between Greek and US businesses, supporting policies that enhance economic resilience, energy security, and sustainable growth. We remain vigilant in highlighting initiatives and developments that strengthen US–Greece business and trade relations, boost competitiveness, and position our country as an important player both in Europe and on the world stage.
