Overseas Direct Funding (FDI) into Greece final yr amounted to 4.5 billion euros (some 4.92 billion U.S. {dollars}), a document excessive since 2000, based on a report offered Wednesday on the ongoing seventh InvestGR Discussion board.
Regardless of challenges Greece stays an more and more engaging vacation spot for funding, stated the Ernst & Younger’s “Attractiveness Survey Greece 2024” report.
In accordance with the survey, 51 % of the 250 CEOs and managers respondents stated they deliberate to take a position or broaden their actions in Greece in 2025, in comparison with 40 % in 2022 and 30 % in 2019 when Greece was rising from an acute decade-long debt disaster.
As well as, 69 % of the respondents stated that they anticipated Greece’s attractiveness to additional rise within the subsequent three years because of the nation’s geostrategic place, enhancing infrastructure and the federal government’s insurance policies to facilitate investments.
“The federal government implements a coverage that constantly combines fiscal self-discipline on the one hand with a coverage that’s pleasant to entrepreneurship and funding on the opposite,” Kostis Hatzidakis, minister of nationwide financial system and finance, informed Xinhua through the discussion board.
“I consider that Greece is likely one of the European nations that any investor ought to take into account very critically for investments of any type,” he added.
Addressing the discussion board, Takis Theodorikakos, growth minister, acknowledged that there have been challenges Greece should deal with to proceed attracting investments, comparable to excessive rates of interest, public debt and excessive inflation. ■
