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Greece Investor Guide

Greece Investor Guide provides a comprehensive overview of the new Greek economy, with analysis and

25/11/2022

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 has been notable. To address fiscal pressures in the coming years, Greece is looking to support vulnerable groups and further develop renewable energy sources. These efforts will also help Greece attain its long-term goals in reducing carbon emissions and reducing high-level energy poverty.

24/11/2022

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, which involves the construction of 28.8 km of double railway infrastructure, 3 railway stations, and electromechanical facilities inside the Panagopoula tunnel. And the second is the upgrade of the electrification system on the new double railway line that connects Kiato with Rododafni. Together, these 2 projects are linked to the completion of the new Piraeus - Athens - Kiato - Patras double railway line network, which forms part of the Piraeus - Thessaloniki - border line, and ultimately connect to the European railway network.

23/11/2022

Greek start-up 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 in Europe, the U.S., the Middle East, and North America, and now, they are looking towards further expansion. Blueground will take a step into the Latin American market by launching in Mexico at the beginning of 2023, via the acquisition of Brazilian company Tabas. This now puts Blueground close to the goal of a portfolio of 40,000 apartments in 50 cities worldwide by 2025. The transaction is expected to be completed within Q1 of 2023, operating independently for the foreseeable future, with Tabas being gradually integrated into Blueground over the next year. Following this acquisition, Blueground’s revenue is expected to increase to $650 million in 2023, and exceed $310 million by the end of 2022.

22/11/2022

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 .greece, Cyprus, the U.K., and France are believed to be key destinations in the coming 5 years. Data also indicates that from January - September 2022, the total value of exports reached €493.2 million, marking a 27% increase through this year. Perfume products are the top category, followed by soaps and cleaning products.

21/11/2022

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 at €33 million. The Interministerial Committee of Strategic Investments also approved another investment of €61 million from the Mitsis Hotel Group.

18/11/2022

Greece’s future is looking bright. When Greek Prime Minister attended a meeting for AXIA Ventures Group in Athens this week, he highlighted the country’s many great investment opportunities in the next year. The Prime Minister stated, “It's crystal clear that Greece has turned the page and that Greece in 2022, heading for 2023, cannot be compared to Greece under the crisis.” At the same time, he indicated that the country is stable even as the continent faces incredible challenges.

16/11/2022

3 Greek universities 🎓 are using technology to address diabetes in innovative ways. The University of Western Attica, the Informatics Department of the University of Ioannina, and the Diabetes Center of the "Attikon" Hospital are collaborating to develop a new application that will inform diabetics about sugar content and calories. The application will process a photo of a meal, using nutritional information of the dish to inform the user how much insulin they need to use to avoid raising blood sugar levels. In addition to this important technology, studies are helping to develop smart drugs for weight loss, stem cell technology, and even finding ways to use comparisons to nature to determine genetic causes of diabetes.

15/11/2022

Greek banks 🏦 continue to prove their resilience, even in the face of growing challenges in the global economy. Last week, Moody’s upgraded their confidence in Greece, followed by S&P, who emphasised that Greek banks are the only ones in Europe that are receiving positive prospects at the moment. While Greece’s economic growth is anticipated to slow to 1.8% in 2023, it will still remain significantly higher than that of the rest of the EU, as a significant reduction on NPEs has made Greek banks better prepared to face new headwinds and challenges. And in another vote of confidence, J.P. Morgan has announced that it plans to open a new office in Athens, a move that will support ongoing organic growth of the bank’s business within Greece.

14/11/2022

Greece 🇬🇷 takes another step towards tapping into its gas potential with upcoming exploratory drilling in Ioannina, in the onshore area of Epirus. According to Minister of Environment and Energy , chances of confirmation could be as high as 15%, while revenues calculated for the state could range from 30-60% of the operation profits. The field is valued at €5 billion, and the first research drilling rig in the country will enter in 2023. The success of this development is likely to strengthen the interest of large multinationals, like Shell (located in Albania), in entering the Greek bloc.

11/11/2022

Greece has taken a big step in reducing its plastic usage and boosting sustainability in the tourism industry! Greece’s Minister of Tourism, , and EOT President, Dimitris Fragakis, have signed a Memorandum of Cooperation with the Common Seas Organisation to reduce plastic consumption throughout the tourism industry. This will happen via the PlasTICK programme, a new digital tool that will facilitate the tourism industry’s transition to more sustainable materials. According to Minister Kikilias, this programme could help Greece to move towards its goal of reducing plastic in the oceans 🌊 by 50%.

10/11/2022

Studies have shown that Greece 🇬🇷 has serious gas potential, with indications of reserves at around 600 billion cubic metres. And according to Greek Prime Minister , it’s time for the country to explore its natural gas potential, “which will contribute to our country’s energy security and Europe’s,” as he said earlier this week. , which owns 70% of hydrocarbon exploration rights off Crete, will kick off these seismic surveys in the southwest of the Peloponnese and off the coast of Crete during the winter months, which will keep environmental impact to a minimum. Ideally, by 2023, Greece will have a sense of whether or not it can rely on its own gas reserves, and if it can redirect its reliance on foreign gas to local resources.

09/11/2022

More good news for Greece’s start-ups! The country’s start-up ecosystem only continues to grow 📈, and research from ESETEK indicates that employment has more than doubled in 2022. Start-up members of Elevate Greece have seen an increase in employment of 120%, a boost that follows Endeavor Greece findings of an 82% increase in the number of full-time employees in Greek startups and scale-ups. The study also indicates that start-ups registered with Elevate Greece are strengthening competitiveness with better benefits, as well as the fact that these companies have fostered positive work environments.

08/11/2022

After years of preparation and growth, Greek medical cannabis 🌿 production company Hellenic Dynamics is preparing to take a major step by entering the London Stock Exchange. Last week, London-listed shell company UK S**C announced that it has submitted a request to Britain's markets watchdog to complete a reverse takeover (RTO) of the Greek company in a £45 million deal. This acquisition will allow UK S**C to tap into a market that is estimated to reach €43.3 billion by 2027, and will give Hellenic Dynamics the opportunity to fill a gap in the European market, producing medical cannabis with higher quantities of THC. Founded in 2018, Hellenic Dynamics operates from a facility in northern Greece under one of the largest licenses of its kind in Europe. From the second half of 2021, the company found record success when its entire 175 kg production was pre-sold in Germany; now, exports have expanded to other European countries and production will increase to over 21,000 kg by 2025.

07/11/2022

Greece 🇬🇷 is adding green hydrogen into its renewable energy strategy with ambitious new targets for its production. The strategy indicates that Greece could produce around 3 Mtoe of green hydrogen and export 1 Mtoe by 2040, and in 2050 this could be bumped up to 7.4 Mtoe produced and 2.3 Mtoe exported, corresponding to €1.6 billion in export value. Ultimately, by 2050 the total turnover could hit €10 billion per year. This roadmap promises to push Greece towards climate neutrality and independence from Russian fuel sources, and could transform the country into a green hydrogen hub. Existing interconnector plans between Greece, Cyprus, and Israel as well as Greece and Egypt are already promising to boost the country’s profile as a green energy corridor connecting Europe with North Africa and the Middle East.

04/11/2022

Car rental company 🚗 is going to bring big changes to its Greece-based vehicle fleet. Avis has signed loan contracts with both Eurobank and and has tapped into funding from the Recovery Fund, contributing to a total investment programme of €760 million that will be completed within the next 5 years. This plan falls in line with Greece’s green transition ambitions, contributing to a low-carbon economy.

03/11/2022

In 2021, Greece posted a record-high 📈 year for investments, attracting the most FDI since 2011. Data from the Organisation for Economic Cooperation and Development indicates that the total amount of FDI in 2021 hit €6.3 billion - and the amount for 2022 is expected to exceed last year. The signs are already positive, with the first half of 2022 seeing 75% of the total FDI accumulated in 2021. Major areas of investment included real estate, tourism, energy, IT and technology, health services, and agriculture.

02/11/2022

The Greek start-up ecosystem is heading abroad this weekend! From November 4-11, 7 start-ups will go to San Francisco 🇺🇸 as part of a mission headed by Deputy Minister of Development and Investments , Deputy Minister of Foreign Affairs Costas Fragogiannis, and Secretary General of International Economic Relations and External Affairs . The meetings will bring these start-ups together with venture capital companies, scientists, entrepreneurs, and senior executives, and will help to further extrovert Greece’s innovation ecosystem, while also demonstrating the favorable investment conditions in Greece. This meeting will also establish a communication network between Greek start-ups and Silicon Valley.

01/11/2022

🏘️Real estate update!🏘️ Interest in Greek real estate from both foreigners and Greek expats remains strong. While Germans continue to be the leaders in property investment within Greece, local brokers have reported that Bulgarians are investing particularly heavily in northern Greece, especially in Kavala and Halkidiki. Primarily, Bulgarians are purchasing properties to renovate and then convert them into hotels or rental properties; a smaller percentage has focused on beachside villas and private hotels.

01/11/2022

Greece 🇬🇷 receives high praise from Germany's 🇩🇪 Chancellor , who visited Greece last week. In a joint conference with Greek Prime Minister , he said, “I consider Greece exemplary, with what it has achieved with storage facilities for natural gas and liquefied gas. This is really what we have to do all over Europe.” This reference dates all the way back to the “exemplary kingdom” under Greece’s first king, Otto, but more notably, it refers to the great strides the country has taken in securing its energy supply and that of other countries in the region. The country has proved its resilience through the years, and only continues to demonstrate its strength!

31/10/2022

Greece 🇬🇷 and Kosovo 🇽🇰 are deepening their economic collaboration! As part of Greece’s effort to bump up its role in the Western Balkans’ economic development, the Greek Deputy Minister of Foreign Affairs, Kostas Fragogiannis, met with Kosovar Minister of Industry, Entrepreneurship and Trade Rozeta Hajdari, in Athens last week. During this meeting, the two ministers covered topics including economic relations and trade exchanges through energy, construction, agriculture, infrastructure, and more. Greece already has an established relationship with Kosovo: around 100 Greek companies have already invested in Kosovo in sectors including food, construction, and waste management.

27/10/2022

Greece takes another step towards an energy-stable 💡 future with a brand-new energy deal! Nanotech Energy Europe B.V., a subsidiary of the U.S.-based Nanotech Energy Inc., has signed a purchase agreement for a BESS (battery energy storage systems) of over 1 GWh. This storage system will be supplied to Smile Energy in Athens, through 2028, and will help Greece transition into a new energy mix, one that will help to develop and support the country’s solar infrastructure.

26/10/2022

Some of Greece’s smallest islands 🏝️, known as the Small Cyclades, are looking at a vastly improved health service network for even the most remote areas! Last week, Greece’s health minister, Thanos Pleuris, participated in a demonstration of the drone transport of pharmaceutical and health materials, courtesy of the cooperation between telecommunications company and Greek start-up . The start-up, founded in 2015 in Athens, will help Greece to step into the digital age, using ever-evolving technology to connect these small communities - and increase the feelings of safety for locals and tourists alike.

25/10/2022

Many know the Piraeus area of Athens exclusively for its port 🚢, but with the arrival of 3 new stations via the metro expansion, Piraeus is changing its image. The renovation of public spaces, plus important upgrades in the area, means that the real estate market will see significant increases in the asking sales prices, possibly as much as 100%. The new metro stops are driving much of this change, but the redevelopment of the former to***co factory of Papastratos in the Piraeus Port Plaza office complex, and the redevelopment of Mikrolimanos, have also impacted the neighbourhood. And with the brand-new campaign “Take the metro to Piraeus"", interest in visiting this neighbourhood will certainly increase from both locals and tourists.

24/10/2022

Greece 🇬🇷 is about to step into a new era. The Recovery and Resilience Facility has poured more than €11 billion into Greece 2.0, a plan that touches nearly every facet of life in the country, bolstering efforts to hasten the energy transition, the country’s digitisation, and much more. According to a statement Alternate Finance Minister gave to the Athens-Macedonian News Agency, “We are among the first five countries to submit a request for the disbursement of the second payment from the RFF (for 3.65 billion euros on September 30) and the first country to submit a request for the third payment (loans section).” The subsidy programme so far consists of 372 projects, budgeted at €13.5 billion, and the loans programme involves 160 investment plans budgeted at €7 billion.

21/10/2022

Greece’s reputation as an investment destination is only continuing to grow 📈! And now, it has been endorsed by Prem Watsa, Chairman and Chief Executive of insurance company Fairfax Financial Holdings. At the Toronto Economic Forum, organized by the Delphi Economic Forum alongside The Hellenic Initiative Canada and in association with Canada-Greece Chamber of Commerce and the Hellenic-Canadian Board of Trade he referred to Greece as by far the best European country to invest in. Mr. Watsa has previously pointed out the country’s business-friendly policies that also serve to create jobs. This forum, attended by major political and diplomatic figures from both Greece and Canada, seeks to deepen economic ties and highlight investment opportunities, bringing business and political players together on both sides.

20/10/2022

Spanish hotel 🏨 group Melia Hotels International has its eyes on a Greek expansion! The group sees Greece as a “destination of strategic importance,” said head of Development for South Europe, Jorge Herrera, and is planning to double its properties by 2025, adding to a portfolio that includes the Melia Athens, Rhodes’ Sol Cosmopolitan, and Sol Marina Beach Crete and Blue Sea Beach. This aligns with their new goals of expanding commercial activity via new management and franchise deals, while also working with independent hotels to tap into a network of 14 million MeliaRewards members.

19/10/2022

Greece’s start-up ecosystem gets another boost 📈! Thanks to an investment by venture capital fund Marathon Venture Capital, tech company Lambda Automata has the opportunity to expand its team and further develop new technologies in response to a growing demand for their products. The company, founded by former Apple engineer Dimitrios Kotta, creates AI systems that monitor remote areas or critical infrastructure, with applications that range from fire detection to remote surveillance, among many others. Their first product, Outpost, helps to quickly and efficiently identify potential threats through autonomous surveillance towers that create 3D models in real time. As Mr. Kottas explained, “ We believe that the use of these technologies…is a difficult but necessary effort. We are excited to contribute to this venture.""

18/10/2022

Greece has evolved into a top destination for German investors 🇩🇪 looking for property 🏘️! Recent analyses estimate that the potential number of German real estate buyers in Greece exceeds 250,000, with online property searches in Greece up by at least 70%. In fact, German home buyers have emerged as the most mobile, effectively surpassing the Chinese, a group whose presence boomed thanks to the Golden Visa programme. Besides tax incentives for pensioners, this uptick in investors could be attributed to a recent collaboration by real estate platform and Eurobank, with Eurobank offering special housing loans aimed at the European market, but especially Germany. This development promises to unlock a large part of the German market!

17/10/2022

A new interconnector project is underway 💪! The EuroAsia Interconnector project, which will connect the transmissions systems of Cyprus, Greece, and Israel, kicked off with an opening ceremony last week. Worth €2.5 billion, the project consists of direct current (DC) submarine cables, and features a total capacity of 1000 MW in the first phase and 2000 MW in the second phase. The project will boost energy independence in the region, and will also emphasize a developing cooperation between the three countries.

14/10/2022

Big investment news! 🇯🇵Japan is the latest country to explore investment opportunities in Greece. Representatives from Japanese business organisation KEIDANREN, as well as executives of important Japanese companies, met with Greek Prime Minister Kyriakos Mitsotakis yesterday. The delegation is looking at investment options in a number of fields, including energy and transport, and both sides discussed ways to boost the number of Japanese tourists to Greece.

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🇬🇷 Greek oil and natural gas company Gastrade has announced the final investment decision for the FSRU at Alexandroupolis. Now that the green light 🚦 has been given to move ahead on this project, Greece’s role as a gas hub is about to grow, providing diversification of energy routes and increased competition in the region. The LNG terminal and storage facility is anticipated to become operational by the end of 2023, connecting to the mainline grid through a 28 km pipeline. For more investment updates in Greece, read our economic bulletin, out now: https://bit.ly/3s7nvds #greece #greeceinvestorguide #gigeconomicbulletin

Decarbonisation, decentralisation, and digitisation are the pillars of Greek power giant PPC’s investment strategy. And the group’s green arm, PPC Renewables - ΔΕΗ Ανανεώσιμες, is at the fore of their renewable and new energy technology investments, both in Greece and at a regional level. CEO Konstantinos Mavros talks to us about the strategy behind greening and modernising Greece’s leading utility underlining the importance of striking smart deals with long-term investors. “After all, partnerships are key to success.” Read more about PPCR’s driving role in Greece’s green transition at our exclusive interview: https://bit.ly/3KL2huI #strategies4thenewgreece #renewables

We’re wishing you a happy and restful holiday! Celebrate, eat, drink, and spend time with those important to you (safely, of course!). #greeceinvestorguide

When thinking about the dream destinations in Greece, it’s hard not to list Santorini. Germany’s Ambassador to Greece, @ernstreichel , is guilty of this himself; Santorini still tops his list, and it’s one of his first recommendations to German tourists. But he has another off-the-beaten-path recommendation: Zagorochoria, a hidden gem with breathtaking mountain landscapes. To read more about the Ambassador’s travel suggestions, read our interview here: https://bit.ly/3oCmvgW #strategies4thenewgreece

Interview with Antonis Tsiboukis

Thessaloniki has all the ingredients required to foster innovation, start-ups, and meet the needs of technology giants. Just ask Antonis Tsiboukis, Managing Director of Cisco Greece, Cyprus, Portugal and Malta. The U.S. multinational chose Greece’s 2nd largest city to house a one-of-its-kind digital transformation centre, a place where co-innovation meets digital skills training, in a move aimed to accelerate Greece’s digital transformation. Seen as a vote of confidence, Tsiboukis tells us that while their decision was based on a combination of factors, the city’s rich talent pool and strategic location ranked top of this list, with Thessaloniki now providing Cisco with a springboard into Balkan markets to attract both know-how and business. https://bit.ly/3ltAdAW #strategies4thenewgreece #ciscocda Apostolos Tzitzikostas Konstantinos Zervas Κωνσταντίνος Ζέρβας Thessaloniki, Greece

With Greece’s new regulatory framework for offshore wind aiming to attract €6 billion in investments by 2030, we asked one of the world’s foremost voices in the industry for his assessment of Greece’s RES landscape. Gabriel Alonso, CEO & President of U.S.-based @547 Energy – the clean energy investment platform of Quantum Energy Partners – says Greece has become one the most attractive markets for investments in clean energy over the last two years. In fact, 547 already has a wind energy portfolio of 400 MW in partnership with Greece-based ENORA, and is now looking to seize new opportunities in everything from offshore wind to storage to energy efficiency. https://bit.ly/3FERE9o

What role will hydrogen play in ridding our energy systems of CO2? This is just one of the questions we asked Dr. Vasilis Gregoriou, Chairman and CEO of Advent Technologies Inc, a Greece-born and U.S.-based tech manufacturer of hydrogen technology fuel cells – key to produce carbon-free energy and heat. Gregoriou tells us he is betting big on the exponential growth of fuel cell technology over the next 10-15 years, having recently completed a round of corporate acquisitions in the U.S., Europe, and Asia in addition to a listing on Nasdaq. And while he acknowledges that the technology needs to make strides to become more cost-competitive, Advent is partaking in marquee projects that aim to unlock the transition to a green hydrogen economy. Learn more about the role of Advent and hydrogen in the energy transition here: https://bit.ly/3HBwOJA #strategies4thenewgreece

Avramar, the Mediterranean's leading fish farming company, was born in early 2021 as a result of a four-way merger driven by the UAE’s Mubadala Investment and U.S. private equity fund Amerra Capital. CEO Alex Myers tells us they are now on a quest to drive Avramar and Greece's wider aquaculture sector into a development journey based on the belief that the industry can lead and excel at a global level. In addition to a €25 million investment plan targeting the modernisation and expansion of activities in both Greece and Spain, Avramar is changing the way the way they market their products – shifting from an export mindset to a multi-market mindset – while contributing to catapult the adoption of the Mediterranean diet across the world. https://bit.ly/3F4gGhX #strategies4thenewgreece

Germany: A Partner of Greece's Energy & Digital Transformation

Greece is stepping into a green future, and Germany is eager to help, says Germany’s Ambassador to Greece, Ernst Reichel. Innovation is the key to investment, he tells us, and future investment is key to economic growth and a better future. Investments in Greece’s RES potential - such as RWE’s coming solar joint venture with PPC - could bring the country to the forefront of green energy development. Read more at our interview here: https://bit.ly/3AGDhz0 #strategies4thenewgreece Germany in Greece

Greece: A Country of Opportunity

Greece is a country of opportunity, says Germany’s Ambassador to Greece, Ernst Reichel, although this is no secret to Germany, who has long been Greece’s biggest investor. While there have been a number of recent success stories - from RWE's €1.3 billion investment in RES to TeamViewer's R&D centre in Ioannina to Volkswagen's participation on the Astypalaia pilot project - Greece is on track for many more, as word of mouth bears fruit and investors understand Greece's many comparative advantages. Read more in our interview with Ambassador Reichel here: https://bit.ly/3AGDhz0 #strategies4thenewgreece

Intrakat is deemed one of Greece's top construction groups, and for good reason: they were able to complete 14 regional airports across the country in record time, completely changing the face of Greece. And, according to Intrakat CEO Petros Souretis, the best is yet to come: the company has embarked upon an ambitious diversification strategy aimed at supporting Greece's transformation, prioritising PPPs, RES, and real estate development with plans to invest €1 billion over the next 8 years. Read more at our interview here: https://bit.ly/39vJHVX #strategies4thenewgreece

The Best Places to Visit in Greece

Americans have been arriving in Greece in big numbers this year, thanks to the country’s quick decision to open to U.S. tourists. U.S. EMBASSY ATHENS' Geoffrey Pyatt cites the increase in direct flights from the U.S. to Greece and the cruise industry’s comeback as crucial to the bump in American tourists, while listing many of his preferred off-the-radar places to visit - and potentially invest. Read more about the U.S. tourism boom in Greece at our interview: https://bit.ly/3gmi995 #strategies4thenewgreece

Greece and U.S.: Deepening Ties in Energy, Technology, & Education

Greece’s relationship with the U.S. is at a historic high, thanks to major investments and science/tech agreements. And this is only the tip of the iceberg: President Joe Biden is committed to furthering bilateral ties, and in a recent trip to Greece U.S. Senator Bob Menendez called Greece an "ideal partner for the United States." As U.S. EMBASSY ATHENS' Geoffrey Pyatt tells us, “There’s really no limit to what we can do together.” Read more at our interview here: https://bit.ly/3gmi995 #strategies4thenewgreece

Greece and U.S.: Champions of the Energy Transition

Do names like Advent Energy, GE, Invenergy, and 547 sound familiar? These are just a few examples of American companies looking to expand their footprint in Greece's RES. Wondering why they consider Greece such an important market? As U.S. EMBASSY ATHENS' Geoffrey Pyatt tells us "Greece is the Saudi Arabia of wind and solar in terms of the resources that it enjoys," but there’s also the government’s push for policy innovations, the fact that Greece is an EU member state, along with the country's growing reputation as a test-bed for new innovative energy technologies. Discover more about Greek-U.S. bilateral relations at our interview with Ambassador Pyatt, here: https://bit.ly/3gmi995

Have you checked out our Chinese special edition of Greece Investor Guide? It's your one-stop guide to doing business and investing in Greece. Head to our English digital edition here and access some of our online exclusives, like our video testimonials, through the QR codes included in the guide: https://bit.ly/2TW4rSE. Simply scan and enjoy! #strategies4thenewgreece

Greece’s real estate market has proven its resilience through the pandemic, with demand from foreign investors only expected to increase in the coming years, particularly within the commercial real estate space. So how can you get your foot in the door in this sector? BeiLei Zhang, Founder and MD of Elinet, explains that while commercial real estate investments have a higher entry barrier when compared to residential property, they have huge potential. Read more about Elinet and their work in the commercial real estate sector here: https://bit.ly/3yB84wd #strategies4thenewgreece

Greece as an Investment Destination

Bank of China believes in Greece's post-pandemic era. Shuping Li, the GM and Country Head of the bank’s Athens Branch, says Bank of China is looking to assist investors see opportunities in sectors including energy, infrastructure, tourism, and agriculture, while also supporting Greek SMEs to export to the Chinese market through their own Cross-border Matchmaking service. To learn more and to get the rest of our interview with Ms. Li, read our interview here: https://bit.ly/37sjvu5 #strategies4thenewgreece

Greece's energy market underwent profound changes since adopting the Target Model in November 2020, mainly to attract investments, enhance competition, and kickstart the country's RES transition. The Regulatory Authority for Energy’s President, Athanasios Dagoumas, discusses Greece’s new electricity market and what this means for investors, highlighting a new electricity market reform plan that is slated for submission to the European Commission by the end of July. Read more at our interview here: https://bit.ly/3eApIIF #strategies4thenewgreece

7 Priorities for Greece's Economic Transformation

Greece is ready for a comeback. Finance Minister Christos Staikouras underscores 7 priorities to enable the country's economic transformation with the reduction of NPEs, the implementation of structural reforms, and a rationalised fiscal policy ranking high among them. Want to learn more about Greece's economic recovery strategy? Read more at our interview with Minister Staikouras here: https://bit.ly/3jWQD4O #strategies4thenewgreece

Widely known as Greece's smartest city, Trikala, has become a model for the digitisation of municipal services across the country thanks to continued efforts to embrace technology. City Mayor, Dimitris Papastergiou, who is also President of the Central Union of the Municipalities of Greece (KEDE), says the widespread uptake of programmes such as the Citizen Service Line, “20000,” was crucial in aiding the homebound during the pandemic. Through collaboration with public and private enterprises, combined with a continued drive to embrace the new, Trikala is a city to watch in Greece’s future. Read more about this smart city in our interview with Mayor Papastergiou here: https://bit.ly/3q1GQvp #strategies4thenewgreece

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Interview with Antonis Tsiboukis

Germany: A Partner of Greece's Energy & Digital Transformation

Greece: A Country of Opportunity

The Best Places to Visit in Greece

Greece and U.S.: Deepening Ties in Energy, Technology, & Education

Greece and U.S.: Champions of the Energy Transition

Greece as an Investment Destination

7 Priorities for Greece's Economic Transformation

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