Microsoft's Smith: The investment shows the company's confidence in the Greek economy

Microsoft's President Brad Smith announced on Monday a large investment in Greece.

The announcement was made at an event held at the Acropolis Museum along with Prime Minister Kyriakos Mitsotakis. The company is going to create a large Data center, which will store and manage data in the cloud computing. It will be one of the first data centers of the company in Europe.

"It is an important day for Greece", Smith said adding that this is "the biggest investment of Microsoft in Greece during the 28 years of its presence in the country." He stressed that the investment shows the company's confidence in the Greek economy.

The data center will also act as a regional centre for neighboring countries.