ECONOMY

Athens pushes for investment from abroad

The government is intensifying its efforts to attract foreign investment in Greece and has taken a number of steps to pave the way for those who wish to do business in this country.

Athens is promoting the creation of a joint Greek-American committee aimed at lifting the bureaucratic obstacles so significant private funds can be brought over from the other side of the Atlantic. The so-called “American task force” will lay an emphasis on infrastructure, transit and logistics, as well as the development of the exporting profile of agricultural commerce and tourism in general.

The government is also pushing for a thaw in relations with Russia after the chill that came about following the departure of Gazprom from the tender for the Public Gas Corporation (DEPA), with the prime minister set to receive Valentina Matviyenko, chairwoman of the Council of the Russian Federation, this week in Greece.

Finally, Athens is promoting contacts with fund managers, with the recent roadshow in London witnessing over 1,000 meetings by more than 100 funds with 27 Greek listed firms.