The “big bet” of investments

The Greek government is focusing on attracting foreign companies and accelerating large projects in Greece, which seeks to maintain the dynamics of economic recovery in the shadow of the effects of the war and the energy crisis. An unprecedented crisis which is expected to change a lot in the world trade.

Favorable environment

The flow of new capital is estimated to give, together with tourism, the necessary impetus that the country seeks to maintain the positive momentum. The environment for Greece is favorable, since its brand name has been upgraded, as recorded by leading investment firms. They may have revised the initial forecasts for 2022 GDP downwards, but the growth rate remains strong close to 3% -3.5% reaching close to 4% in 2023, due to the increased disbursement of funds from the Recovery and Sustainability Fund of the EU.

The economic climate, as indicated in the analysis, has returned to pre-crisis highs and is above the European average, and the unemployment rate, at around 13%, is the lowest since 2010.

The visit of the business delegation of the 23 French companies of MEDEF (the French Association of Industries), which met with the Greeek Prime Minister, Mr Kyriakos Mitsotakis, is indicative of the emphasis given by Maximos Mansion.

Which sectors are in the spotlight?

According to information, investment planning is focusing on the sectors of recycling, RES, transport, shipping, sustainable tourism, public infrastructure and smart cities. The ultimate goal is to create quality jobs that pay well, which will be the key for the next day.

The investment vehicle is the Recovery Fund where another 57 projects were included and they increase the number of projects of “Greece 2.0” to 230, with their total budget being set at 10.2 billion euros.