ECONOMY

Chinese lenders may branch out in Greece

China Development Bank officials are set to visit Greece to discuss the possible opening of Chinese bank branches in this country, Deputy Foreign Minister Dimitris Kourkoulas stated on Thursday in Beijing.

The Chinese government agreed to the proposal forwarded by the Greek minister for China’s main lender to prepare the opening of branches by Chinese banks, so as to facilitate the entry of Chinese goods into Europe through the port of Piraeus, where Chinese firm Cosco controls one of the two docks.

He quoted Chinese officials as saying, “We desire that and we shall do it,” referring to the bank’s mission to make it easier for Chinese entrepreneurs to invest in Greece.

Kourkoulas also visited an exhibition of Greek products currently held in the Chinese capital by the Greek embassy, with the participation of producers of traditional Greek goods such as olive oil, wine, honey etc, as well as of thematic tourism package operators.