Feb 21 • 09:54 UTC 🇬🇷 Greece To Vima

The Other Deals Between Greece and the US in AI, Ports, and Banks

The Vertical Corridor of gas pipelines among Eastern European countries is facilitating deals in LNG and other business agreements between Greek and American companies.

The article discusses the strengthening business ties between Greece and the United States, notably through the Vertical Corridor, which serves as a crucial network for the transport of natural gas in Eastern Europe. The corridor not only enables the transport of liquefied natural gas (LNG) but also fosters a range of business deals in various sectors including artificial intelligence and infrastructure. The relationship has been emphasized by prominent figures, such as former President Donald Trump, who noted the importance of these ties during a ceremonial event in Washington, D.C.

Greece is at the forefront of implementing an ambitious project concerning the Vertical Corridor, which connects Greece to Bulgaria, Romania, Moldova, and Ukraine. This initiative has gained renewed urgency due to the impending end of Russian gas imports to the EU by the end of 2027, creating an immediate need for alternative energy supplies. The United States, through its LNG production, is positioned to be a key player in this transition, offering a viable alternative to European nations looking to diversify their energy sources and reduce reliance on Russian gas.

Greek-American relations are likely to evolve further, not only through energy partnerships but also with significant cooperation in various sectors, as indicated by the deals emerging in AI and banking. These developments highlight the strategic importance of the Vertical Corridor and reflect how geopolitical shifts are influencing international business endeavors. As Greece enhances its role as an energy hub in Europe, the implications for regional security, energy independence, and economic collaboration will be essential topics for both countries moving forward.

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