The investment opportunities that our country offers today in specific sectors of the economy have been highlighted by the Deputy Prime Minister. Kostis Hatzidakis Speaking today at the Athens International Investor Summit. The Conference is organizing the Hypermalion in collaboration with Blackrock, on the occasion of the official launch of the Hellenic Innovation & Infrastructure Fund, which will act as a catalyst for attracting foreign and Greek investors.
Today our country, Mr. Hatzidakis stressed, offers unique advantages to investors, as it combines the following six positive elements:
* Highly expected yields due to reduced but still large investment vacuum and stable dynamic growth.
* Macroeconomic stability, supported by low inflation and low foreign exchange risk as a member of the eurozone, as well as healthy fiscal management.
* Strategic geo -economic advantage that combines direct access to the European Single Income Market and central position at the crossroads of Europe, Asia and Africa.
* ‘Intent inflow of EU funds, proportionally greater than the Marshall Plan.
* A business -friendly government, with a stable history of reform and a steady commitment to continue implementing its reform program.
* Political and institutional stability – something that is not given in many other countries, including some Europeans.
Mr Hatzidakis recalled that the Hellenic Innovation and Infrastructure Fund, a subsidiary of the Hypothesis with an initial capital of € 300 million, was established on a legislative initiative that he himself took as the Minister of National Economy and Finance. The institutional framework is based on the successful model of other state investment funds and predicts that the Fund will operate with modern corporate governance and transparency rules.
It has also stood in the progress of the Greek economy in recent years, marking the highest of the EU average growth, reducing unemployment, increased investment, debt decline, budget surpluses and the recovery of the investment level.
“Greece,” he said, “today has the only opportunity to recover lost ground and become a leader in areas where we have a natural comparative advantage.” These areas, in addition to tourism, shipping, food industry and the pharmaceutical industry, include:
-The action, a sector in which Greece is pioneering 50% “green” production in 2024 that made the country an exporter.
-Networks (energy, transport, digital) that make Greece a strategic hub of regional and international range.
-Defense, combined with European level initiatives to strengthen the sector.
-Higher Education. “Four universities have already set up annexes in the country. There are more. Greece could soon become a World Center for International Education, “he said.
At the same time, “Greece remains consistently committed to the EU and the Geopolitical Alliance of the West. As a result, it is an ideal place for installation (friend-shoring, near-shoring and investment redistribution), “he said.
Mr. Hatzidakis presented the government’s planning to exploit the opportunities that are emerging. The planning is based on fiscal seriousness “which is the foundation of the government’s economic policy”, and the acceleration of structural changes with a focus on four areas:
-Further reduction in taxes by utilizing resources resulting from the growth and fighting of tax evasion.
-Intelligence of the business environment by reducing bureaucracy, accelerating justice, removing obstacles and reforming spatial planning.
-Improved funding by boosting competition in the banking system, strengthening the stock market, increased public investment.
-Recovering infrastructure and human resources.
“The official launch of the Hellenic Innovation & Infrastructure Fund is not an isolated event,” concluded Mr. Hatzidakis. “It is part of a course of constant reforms, renewal of trust and bold investment in the future of Greece. A course that will allow our country not only to remain on an upward trajectory, but also to become a real leader in the field of innovation, resilience and growth in the European and global scene. “
Source: Skai
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