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Invest in Greece: A Leading SE Country

(GREEK NEWS AGENDA)  Greece’s high growth rates along with its economic role and presence in the broader Southeastern Europe region are two of the country’s main comparative advantages that render it an attractive destination for foreign investment, Finance Minister George Alogoskoufis said yesterday. Addressing an event for the relaunching of the Hellenic Center for Investment (ELKE) as the Invest in Greece Agency (www.investingreece.gov.gr), the minister noted that Greece has consistently achieved annual growth rates of around 4% in recent years and is well placed to withstand the upheavals in the global economic system, having significantly reduced its fiscal deficits. He predicted that Southeastern Europe will constitute the economic “miracle” of the next 15 years, due to high growth rates and investment opportunities. Alogoskoufis said new incentives had helped Greece attract more than €8.5 billion in foreign investment in the last two years. Continue reading