30 September 2022 | Other

Google is creating a cloud space in Greece

Alphabet Inc. owns Alphabet Google, which announced on Thursday that it will create its first cloud space in Greece. This will give a push and acceleration to the country's efforts in becoming a global center for cloud computing.

Prime Minister Kyriakos Mitsotakis made a preliminary assessment of the deal. According to his calculations, the deal will have a positive impact on Greece's economic growth. The profit from it will be about 2.2 billion euros (2.13 billion dollars). Furthermore, it will allow to create about 20,000 jobs by 2030.

At an event in Athens, Adaire Fox-Martin, president of Google Cloud International was happy to announce the investment in Greece's first cloud space. This space will provide storage and cloud services to Google users.

Based on her statement, thanks to this investment, organizations will be able to use their data more efficiently, delays will be reduced, and users' cybersecurity will be high.

Company MarketCheese
Period: 02.01.2026 Expectation: 740 pips
Central bank policy split drives AUDCAD higher
26 December 2025 50
Brent sell
Period: 09.01.2026 Expectation: 200 pips
Rebound won’t help Brent crude to break out of downtrend
26 December 2025 28
Period: 02.01.2026 Expectation: 1180 pips
GBPUSD set to resume uptrend after holiday break
26 December 2025 39
USDCAD neutral
Period: 28.02.2026 Expectation: 600 pips
Selling USDCAD from 1.4030
26 December 2025 21
Brent sell
Period: 31.01.2026 Expectation: 150 pips
Selling Brent crude down to $60.90
26 December 2025 22
Period: 01.01.2026 Expectation: 362 pips
Natural gas selloff amid ongoing downtrend and weak demand
25 December 2025 48
Go to forecasts