German investment activity in Greece is entering a new phase says Ernst Reichel, German Ambassador to Greece, pointing to the launch of greater investments of scale and substance – with a particular focus on opportunities in the green and digital spaces – while stressing that Greece 2.0 presents a once-in-a-lifetime opportunity for Greece to make a “great leap” into a new era.
Intrakat’s diversification strategy is a response to the new needs of the Greek economy and its unprecedented transformation, says company CEO, Petros Souretis, with his eyes set on growing opportunities in PPPs, renewable energy, and real estate development – “now is the time to take a risk and invest in the Greek market.”
Declan Costello, Deputy Director-General of the European Commission’s Directorate-General for Economic and Financial Affairs, says Greece’s efforts to tackle structural problems have paid off, enabling the country to respond to the effects of the pandemic, while counting on the credibility of the markets.
Finance Minister, Christos Staikouras, says timely fiscal and liquidity measures have served to mitigate the impact of the pandemic, while the pace of reform implementation has accelerated.
With Greece having officially kicked off its 2021 tourism season on May 14 on the back of a new campaign dubbed “All You Want Is Greece,” the country’s Tourism Minister, Harry Theoharis, says visitors can travel across Greece under conditions of absolute health security, while also discussing the prerequisites for the resumption of extra-EU travel, and investment opportunities in the post-pandemic era.
With global tech majors looking to grow in Greece, the government is preparing for the long game, explains Christos Dimas, Deputy Minister of Development and Investment, Research, Innovation and Technology, having embarked on a multi-faceted strategy to reshape the country into a leading research and innovation hub. From landmark tax cuts and the creation of a start-up registry across to the development of an innovation district in Athens, and a technological park in Thessaloniki, the goal, adds Dimas, is to make Greece much more attractive with respect to the past and its main competitors in the region.
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