Newsletter

ATHENS

April 2009

EDITORIAL

Dr. Dimitrios Pazaitis
Chairman of the Board & CEO 
Invest in Greece Agency

In today’s uncertain environment, investors are looking for both stability and growth opportunities, as global developments require prudence and equilibrium. The current instability in financial markets has created a need to evaluate short- medium- and long-term macroeconomic outlooks.

The Greek economy has performed with resilience during the recent months of financial turmoil and promises to continue with above-average growth rates. Greece’s fiscal consolidation policy and structural reform programmes have, in comparison with many other EU countries, shielded Greece from the worsening world economic climate. Growth is expected to remain positive for 2009, versus negative growth in much of the Eurozone.

Against such a backdrop, Greece stands out as an outstanding destination for investment. Greece is positioned to offer businesspeople a wide variety of investment opportunities that take advantage of the country’s strategic geographic location and singular competitive advantages.

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HIGHLIGHT

Mr. Papathanasiou - Minister of Economy and Finance
'Today humankind faces the greatest economic crisis of the last 80 years.'
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SPEAK OUT

Tiago Eiró, General Manager of Sierra Development Greece
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OUTREACH  
Investment Seminar in London
Invest in Greece Agency organised, in close cooperation with the Japan External Trade Organisation (JETRO), an investment seminar at JETRO London Centre in the UK.
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INVESTMENT NEWS  
200-Million-Dollar Oil Exploration Investment
Development Minister Costis Hatzidakis characterised a new 200-million-dollar oil exploration project in the Kavala Gulf of northern Greece as "one of the most important investments in Greece at the moment..."
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NETWORKING IN NEW MARKETS  
10th International Venture Capital Forum
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  ANALYSIS  
New Markets, New Opportunities—Olive Oil
Greece’s food and beverage sector relies on more than 525,000 farmers, about 11-12% of the country’s labour force, for its steady and reliable supply of raw materials.
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  SUCCESS STORY  
Nestlé - Investing in Growth
One of the most credible marks of a successful investment is the long-term value that companies enjoy in a new venture.
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  IQ  
Innovation Quotient
Greece provides investors with numerous incentives in telecommunications infrastructure and e-services, paving the way for a new generation of value added services and human resource management.
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NEWSWIRE  
New Invest in Greece Website Launched
New Invest in Greece Website Launched
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REGIONAL GREECE  
Synergassia - Introducing Greece’s Regions to a Global Audience
In March, Invest in Greece Agency hosted two events, one a mission to the Prefecture of Kastoria, and the other a workshop on Investment Incentives and Financing of Major Projects, that demonstrate the robust interest which Greece’s diplomatic community shows in learning about trade and investment opportunities in the country.
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FDI GREECE
Recent FDI Inflows in Greece & Major Investment Projects
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INVESTMENT LAW
Dramatic Increase of Tax Benefits for Investors
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