Economic Cooperation Greece – Serbia

(GREEK NEWS AGENDA)      Ushering a new period of economic cooperation between Greece and Serbia, Foreign Affairs and Economy and Finance Ministries have agreed that Greece should contribute to the financing of the “Corridor 10” (as part of the Pan European Corridors) linking Thessaloniki to Belgrade and Salzburg. The estimated cost of the Corridor’s part in Serbia is €475 million, and Greece’s participation amounts to €100 million. The visit’s itinerary included a business meeting hosted by the Greek Serbian Business Council on October 9, during which, Deputy Foreign Affairs Minister Petros Doukas noted that Greek investments in Serbia have exceeded €2.5 billion to date and that more than 27,000 Serbians are employed in Greek enterprises. The project for Greece’s participation in the Corridor 10’s construction is financed by the Hellenic Plan for the Economic Reconstruction of the Balkans (HiPERB). European Economic and Social Committee: Pan European Corridors (2003); Ministry of Foreign Affairs: Greece-Serbia Bilateral Relations (Economic and trade relations/development cooperation) & Economic Diplomacy