ECONOMY

Onassis Foundation to contribute 30 million euros to Hellenic Investment Fund

The Onassis Foundation is expected to contribute the sum of 30 million euros to the Hellenic Investment Fund, it emerged on Wednesday, following a meeting between Prime Minister Antonis Samaras and the foundation’s president Antonis Papadimitriou. Also attending the meeting was Development Minister Costis Hadjidakis.

Speaking to the press the Greek premier hailed the foundation’s support, adding that the contribution signalled liquidity in the market as well as a vote of confidence in the local economy.

Papadimitriou noted that the investment fund was the “best tool” with regard to achieving growth and the creation of employment through the reinforcement of small and medium sized enterprises.

“The Onassis Foundation is glad to be the first organization, the first private organization, to contribute to the Fund, in the hope that the country and the economy will progress,” said Papadimitriou.