investment deal

Greece, Microsoft announce 1-bn-euro cloud investment

Greece, Microsoft Announce 1bn Euro Cloud Investment

Greece and Microsoft on Monday announced an investment deal worth up to a billion euros ($1.2 billion) to build cloud storage infrastructure in the country.

The announcement comes as Greece’s pro-business government plans to gradually shift the country’s notoriously bureaucratic civil service online.

“We are bringing data centres to Greece. We’re going to create a new region that will include Greece as well as (neighbouring countries),” Microsoft president Brad Smith told the project launch in Athens.

“This is a new opportunity for every small business in Greece… with cloud services, you …