Dixons' Greek Unit Shows How to Prosper During Financial Crisis
The chief executive officer of Kotsovolos, the Greek unit of the U.K. retailer of electrical and telecommunications equipment Dixons Carphone Plc, has helped turn the company around by investing in the business and not just cutting costs, he said in an interview in Athens. Andreas Athanassopoulos says his company is doing its bit for the Greek economy. ” Greece is heading toward the completion of its third bailout program, which ends in August. According to Athanassopoulos, investments like the ones made by his company will be key to a sustained recovery in Greece, which was the epicenter of Europe’s financial crisis nearly a decade ago.