Sunday April 20, 2014 Search
Weather | Athens
17o C
11o C
Survival Guide
Greek Edition
NY forum illustrates confidence in Greek prospects

By Katerina Sokou

The annual investment forum of Capital Link held last week in New York sent a positive message about investment prospects in Greece. The newly found confidence is based on improvements in the competitiveness of the Greek economy, the reduction of the investment risk and the progress in the recapitalization of local banks, which participants hope will render the Greek credit sector one of the healthiest in Europe.

“The improvement in confidence has been evident both from the quantity and the quality of participants, as well as from the positive note struck by the speakers,” Nicolas Bornozis, the president of Capital Link told Kathimerini.

He said that over 1,000 people registered to participate in the forum, adding that for the first time there was a special panel with foreign investors from hedge funds and private equity funds that have been positioned in the Greek market and continue to seek opportunities in the country.

One new opportunity for medium-sized Greek companies to attract funds is expected to be the issuing of corporate bonds, which until now had been limited to the country’s major firms. The forum forecast that next year smaller companies will also be able to issue bonds thereby securing precious capital and attracting new investors beyond those investing in state bonds and stocks.

Over 150 face-to-face meetings were conducted on the sidelines of the forum between investors and Greek enterprises, with the interest focusing on banks, the real estate market and the energy sector. Top managers attending the event included representatives for National Bank, Eurobank, Public Power Corporation, Eurobank Properties, NBG Pangaea and Lamda Development. There was also a special section promoting the Astir Palace Hotel in Vouliagmeni, southern Athens, which is up for privatization, while Lamda placed particular emphasis on the tender for the development and utilization of the old airport at Elliniko. Foreign funds also said that they are looking for investment opportunities in the prospering sectors of shipping and tourism in Greece. , Sunday December 22, 2013 (21:05)  
Eurobank share offering on April 25-29
PPC to issue corporate bond of 500 mln
Primary surplus continued by end-March
Eurobank eyes top Core Tier 1 level in Greece
Greek Christians mark rare Good Friday in north Cyprus
Hundreds of Greek Orthodox pilgrims, some coming home after 40 years of forced exile, commemorated the crucifixion of Jesus in a rare Good Friday service in northern Cyprus. Held in this med...
Greece offers to help find Turkish F-16 lost in 1996
Greece officially offered on Thursday to assist Turkey in its efforts to locate and salvage a Turkish Air Force fighter jet which crashed in the Aegean almost 20 years ago. Greek Defense Min...
Inside News
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakos´s hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
This Week
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
This Week
1. Greece's market return mirrors return of tourists
2. Parties start announcing candidates for European Parliament elections
3. Greece startup leaders say they can’t break jobless cycle alone
4. Samaras sees no need for third bailout
5. Ground-breaking Good Friday mass signals thaw in Cyprus
6. IMF's Thomsen says Greece not fully financed to 2016
   Find us ...
  ... on
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.