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Investments

Greek PM Tsipras Leaves for China to Attract Investments

Greece's Prime Minister Alexis Tsipras is departing today (Friday) for a five-day official visit to Beijing and Shanghai in an effort to attract Chinese investments. During his visit to China, Tsipras will meet with Chinese premier Li Keqiang and other...

Minister: Greece can Offer Geopolitical Boost to Foreign Investors

Greece's location in the Mediterranean can offer foreign investors a geopolitical boost, said Deputy Foreign Minister Dimitris Mardas. The deputy minister spoke to CNBC during the St Petersburg International Economic Forum (SPIEF), stressing the importance of Greece's strategic location in bringing...

Greece's New €3.6 Mln Development Law Includes €2.5 Mln Repayment of Old Projects

The new 3.6-billion-euro development law tabled in Greek Parliament on Thursday includes 2.5 billion euros that will be used to repay older investment projects. Specifically, the 2.5 billion euros are earmarked to repay investment projects subject to laws 3299/2004 and...

Minister of State Nikos Pappas Foresees Explosion in Investment in Greece

Greece is “very close” to reaching an agreement with creditors that will cause an “explosion in investments,” said Minister of State Nikos Pappas during his greeting comments a short while ago to a British American Tobacco event for the...

OECD Report For Greece Points to Increasing Poverty and Inequality Levels But Sees Signs of Recovery

Spearheading economic growth and promoting investments to create jobs, improving the stability of public finances and providing an effective social safety net are crucial to help Greece recover from its six-year old economic crisis, underscores the latest report of...

Greek Economy to Get More than 8 bln Euros in EU and Private Funds in 2016, Says Minister

More than 8 billion euros will be funneled into the Greek market in 2016 through the Public Investments Program (PIP) and international organizations such as the European Investment Bank, the European Bank for Reconstruction and Development (EBRD) and more,...

Greece and Russia Share Common Interest in Investments

Panagiotis Skoutas, Director of the Office of the State Minister Niko Pappa, highlighted today, at an event organized by the Greek-Russian Chamber in Moscow, the interest both the Greek and Russian community share in the investment opportunities that can be developed...

Kemal Dervis: 'Confidence Is the Challenge for Greece to Attract Investors'

Turkish politician Kemal Dervis has a reputation as a good manager who led Turkey out of a financial crisis at the end of 1990s. Talking to the ANA-MPA's Annita Triantafyllopoulou on Thursday, Dervis seemed confident that Greece's economy can...

Microsoft Denies Reports on Cancelling its Investments in Greece

Microsoft announced late on Thursday that the company does not intend to cancel any investments in Greece, amid reports that it is planning to transfer its activities in Romania. "The company continues its scheduled investment activities in Greece, as it...

Greek Deputy Foreign Minister's Investment Ideas Show Disengagement from Reality

The word "investment" is a new, mysterious concept for the leftist politicians of the SYRIZA-ANEL coalition government. When in opposition, the word investment sounded like nails on a chalkboard to their ears. A capitalist concept that was anathema to...