Banks need to restore financing to businesses, and reforms must continue to help stimulate growth and attract investments, says Constantine Michalos, President of the Athens Chamber of Commerce and Industry (ACCI).
Lenders tackle bad loans in bid to support the economy
Innovators Take Greece to the Next Level
Investment Boom Follows Lull
Starting a Business: Simpler, Faster, Cheaper
Greece Investor Guide
A daily dose of news and trends about the Greek economy & highlights of business and investment opportunities.
#Greece #Greek #invest #GreekEconomy
Greece’s Organisation for Economic Co-operation and Development (OECD) anticipates that Greece will end 2022 with 6.7% growth 📈, and estimates that recent efforts by the government will help to recover the country’s investment grade. In particular, the tourism sector’s recovery
In another major boost for Greece’s infrastructure, 2 railway projects 🚃 amounting to over €200 million are getting underway, signaling the development of key infrastructure upgrades to the country’s railway network. One of these projects is the Rhododafni - Rio project,
Greek start-up Blueground has had an excellent year, raising $180 million 💶 with $140 million from financing via a share capital increase from investment companies including WestCap, Geolo Capital, Prime Ventures and the Greek fund VentureFriends. The company has a presence
Greece’s cosmetics 💄 exports are set to break records, possibly reaching €500 million by the end of the year! According to data from ELSTAT, processed by the organization Enterprise Greece, Cyprus, the U.K., and France are believed to be key destinations in the coming 5 years.
Changes are on the way for Mykonos’ tourism industry 🏝️! The Greek state has announced plans to subsidise the creation of a 192-bed hotel developed by AGC Equity Partners, providing €6.6 million in the form of tax exemptions. The total amount of this project lands
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