Georgiadis: Even more investments in 2022

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“The country has already transformed into a friendly destination for investments and the perception that anyone who invests in Greece has problems has been reversed,” said the Minister of Development and Investments

The continuation of the reforms at an unabated rate was requested by the representatives of businesses and investment groups at the 26th Round Table Discussion of the Economist with the Greek Government, and especially in the two discussions in which the Minister of Development and Investments participated, ‘Adonis Georgiades and the deputy minister, Nikos Papathanasis.

The minister, responding to a related question, said that the reduction of insurance contributions and taxation is the government’s goal, while he noted that the reforms are continuing and he placed particular emphasis on the reforms required in the judiciary. He added that the government has worked intensively to form a safe investment environmentwhich, as he said, has been recognized by the international business community, but also by polls inside the country, and in fact, he added, that this year will be even better in terms of investments and will end with success.

The minister noted his emotion at hearing the representatives of the companies on the panel stating their satisfaction with their cooperation with him and added that the country has already been transformed into a friendly destination for investments and the perception that anyone who invests in Greece has problems has been reversed . The minister noted his optimism for the future and invited investors to come to Greece to invest their capital as soon as possible, because, as he said, “in five to six years, Greece will be a different country.” He also added the importance Greece gives to investments in the energy sector and added that in a few years, not only will we not import fossil fuels, but Greece will export energy.

The country, as Mr. Georgiadis mentioned, is among the first countries in Europe to absorb European funds and the only country that has received approval of the Partnership Agreement for the new programming period. This development, as he said, makes Greece the first of all EU countries to be able to utilize funds and face the difficulties that have been created due to the jump in energy costs, inflation and the war in Ukraine, difficulties facing the whole of Europe.

“The Greek economy, despite the adversities that exist, is doing well, the European authorities and our lenders are satisfied with what is happening in Greece and investors recognize that they have before them a government that is friendly to them,” noted the minister.

Finally, he also referred to the human resources that left Greece during the crisis, underlining that there is a pool of very highly trained people who can help the development of the country. “Brain regain is not only necessary for national and social reasons. It is also necessary for our economy,” said the minister.

For his part, the Deputy Minister of Development and Investments, Nikos Papathanasis, noted that high growth is expected in 2022 with reforms and decisions to reduce bureaucracy continuing.

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