Investments
Diplomacy
State Department's Palmer Lauds Greece as Attractive Investment Destination
US Deputy Assistant Secretary of State Matthew Palmer sent a strong message to foreign investors, saying that, after the ratification of the Prespa Agreement, Greece has become the most attractive investment destination in the western Balkans.
At a Wednesday press...
Economy
Eldorado Gold Chief Says Elections a Catalyst for Investment in Greece
Eldorado Gold President and CEO George Burns said this week that the upcoming general elections in Greece will be the catalyst for the mining company's investment in the country.
The statement was made during a teleconference with analysts in regard...
Business
Proposed 350 Million Euro Investment for Cannabis Production in Greece
A total of thirty separate proposed foreign investments in medical and industrial cannabis production have been submitted to Greek authorities for approval, it was revealed on Sunday.
According to sources quoted by the Athens-Macedonian News Agency (AMNA) the total proposed...
Business
Greece is the Third Largest Investor in the FYROM
Greek companies have invested 473 million euros over two decades in the Former Yugoslav Republic of Macedonia (FYROM), according to data released by Skopje's National Bank.
This makes Greece the third largest investor in FYROM in the period 1997-2017, despite...
Australia
Australian Interest in Greek Investment Growing, Says Ambassador
Australia's interest in Greek investment is growing all the time, stated Australia's Ambassador to Greece Kate Logan at a meeting on Thursday with Deputy Prime Minister and Economy Minister Yiannis Dragasakis.
Of particular interest to potential investors are the sectors of...
Business
Greece's Opposition Leader Pledges to Unblock Huge Investment Projects
Greece's opposition leader Kyriakos Mitsotakis pledged to issue permits for the mining project in Skouries, northern Greece, in his very first month in office and push for the development of the site of the former Athens Airport of Hellinikon.
In...
Business
Top 4 Direct Foreign Investments in Greece for 2018
With the end of the third bailout program in August, foreign investments in Greece will continue stronger for the next years as the economic outlook appears more promising than in the crisis years.
In this light, foreign giants continue to...
Business
Foreign Direct Investments Created 2,000 Jobs in Greece in 2017
The total number of foreign direct investments (FDIs) in Greece reached 24 in 2017, up by 11 compared to 2016, and generated 2,000 new jobs, according to new data.
According to figures from the new European attractiveness survey released this...
Business
Top 5 Greek Investment Ideas for Santorini Holiday Businesses
The economic crisis that hit Greece in 2008 destroyed many businesses, big and small, leading hundreds of thousands of Greeks to bankruptcy and unemployment. The austerity that followed the bailout programs led to tight household budgets, making most sectors...
Diplomacy
Ambassador Pyatt: US has Strategic Interest in Greece
The United States has a “strategic interest” in investing in Greece after the country comes out of the economic crisis, said U.S. Ambassador to Greece Geoffrey Pyatt on Monday.
The U.S. official spoke in a digital forum conference held in...