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Investments

SYRIZA's Intention to Renegotiate Privatization Deals Angers New Democracy

Ruling New Democracy party in Greece immediately responded and condemned suggestions expressed by main opposition SYRIZA representatives, who suggested that the country should renegotiate several privatization deals signed with foreign investors. Among the projects that SYRIZA intents to renegotiate...

Development Ministry: Political Uncertainty Halts Investments

Investors intending to place their money in Greece are waiting for the political uncertainty to clear, said Deputy Development Minister Notis Mitarakis. However, he added, some applications for entry into the fast-track system continue to come in. "There is a...

Turkish PM Davutoglu in Athens Amid Heavy Security Measures

Turkish Prime Minister Ahmet Davutoglu arrived in Athens a few minutes after 3:30 pm accompanied by nine of his cabinet's Ministers, in order to participate in the 3rd Greek-Turkish High Level Cooperation Council, to be held over two days...

Saudi Prince to Invest in Greece

Saudi Prince Al-Waleed bin Talal confirmed his interest in investing in Greece during a meeting with Greek Deputy Development Minister, Notis Mitarakis, and “Enterprise Greece” Chief Executive Officer, Stefanos Isaias, on Monday in Riyadh. The Greek deputy minister met with...

Greece Named Worst Country for Investments in Europe

A report with the countries which investors should and should not avoid was released earlier today by World Bank, leaving the Greek side with a sense of discomfiture, as the country was named as the worst for investments in...

PM Samaras: Tourism Key to Grecovery

"We do not need another memorandum, as Greece is not just exiting it, but the country will also be absolutely safe in the post-memorandum era." With these words, Prime Minister Antonis Samaras described what he sees as the near...

Greece Depends On Chinese Investments

Last August, when Xi Jinping, the president of China, made an unofficial one-night stopover on the island of Rhodes while traveling to Brazil for a summit of leading emerging markets, Greece’s president and premier flew from Athens to ensure...

Hardouvelis Sees Great Foreign Interest For Investing in Greece

Foreign investors are showing great interest in the Greek investment program and the privatization of some of the government’s assets, as they see there is only upside potential in the country, Greek Finance Minister Gikas Hardouvelis told US network CNBC...

Draghi's "Revolution" Will Benefit Greece

European Central Bank's decision to buy 500 billion euro bonds and cut interest rates by 0.05% is expected, according to analyst estimates, to boost the European economy that is threatened by recession and deflation. This decision means that the ECB will print money, loosen...

Enterprise Greece to Attend World Economic Forum 2014

This year's World Economic Forum is set to take place in Tianjin, China and will be attended by Enterprise Greece. The annual meeting is held on September 10-12 and strives to promote the future of both society and business. More than 1,500 premiers...