The Greek prime minister Alexis Tsipras is among the world leaders who have lined up to get to Davos, reports Helena Smith from Athens:

Tsipras, who arrived only hours after Athens wrapped up a third bailout compliance review – edging ever closer to ending dependence on international bailout loans when the programme expires this summer - is meeting investors also gathered in Davos.

The leftist–led government, in an about–turn of its previous antagonism, is now keen to attract foreign capital as it prepares the country’s return to capital markets. This afternoon’s meeting is much in the vein of luring investors to fund projects in Greece with an eye to slashing unemployment – at 21% still the highest in the EU and by far the nation’s biggest social ill.

Monday’s eurogroup meeting saw euro area finance ministers agreeing to disburse €6.7bn to the debt -stricken nation in two instalments. The first chunk of €5.7bn will be released in February, once outstanding reforms are implemented, to cover debt servicing needs, arrears and creation of a cash buffer that will support Greece’s return to markets.

Talks on debt relief are expected to begin soon – along with a fourth compliance review which included 88 creditor-mandates reforms being taken by June.

Sounding a note of optimism, EU Financial Affairs Commissioner Pierre Moscovici said the single currency bloc should prepare for “a successful conclusion, which means Greece being back as a normal member of the eurozone and the final signal – the end of the Greek crisis.”