Greece is already attracting international investment interest, since representatives of foreign funds and magnates are carrying out successive meetings with relevant ministers and some of them are visiting even the Prime Minister's residence.
Investors' preferences are focused on the sectors of real estate, energy, agricultural products, foodstuffs and tourism.
Dmitry Rybolovlev, the owner of the Island of Skorpios, has arrived in Athens with a clear agenda and specific investment plans for tourism. He has met with Deputy Minister of Regional Development and Competitiveness Notis Mitarakis and has expressed his interest in the use of small marinas and resorts.
"Greece is an interesting country for investment", states Sergei Chernitsin, spokesman for Rybolovlev. During the meeting, the Deputy Minister informed the Russian oligarch about the state of the Greek economy and the investment opportunities existing in the country. Today's meeting is the first after the invitation extended by Notis Mitarakis and a second one with a representative of Rybolovlev’s team will follow. According to sources, the Russian businessman had met with Greek Prime Minister Antonis Samaras on Thursday evening and a delegation of the government of the United Arab Emirates (UAE) led by Secretary of State Sultan Al Jaber had also met with the Deputy Minister of Development.
It seems that the UAE is ready to invest in Greece in areas such as energy, real estate, agricultural products, foodstuffs and tourism.
In addition to private investment, a particular interest has been shown in the privatizations in the energy sector as well as in participating in the Development Fund, which is being established at present.
The representatives of the UAE have requested additional information with regard to the Development Fund which will be submitted to them in the coming days.
The economic situation in Greece has stabilized, the prospects are very good and the bilateral relations are at a very good level as stated by Head of Delegation Sultan Al Jaber upon leaving the meeting.
Commitment to investment by Vodafone
Vittorio Koalo, CEO of Vodafone Group, had met with Prime Minister Antonis Samaras in the Prime Minister's residence Maximou.
Vittorio Kolao stated that he had confirmed the company's commitment to the Greek market, as it is preparing to invest in new technologies.
According to Deputy Minister of Regional Development Notis Mitarakis, who had also attended the meeting, the head of Vodafone Group had confirmed the investment interest of the company in Greece.
Optimism about investment
The results of the latest research conducted by Bloomberg show that investors are more optimistic than ever regarding Greece and that the climate across the euro zone and in other countries facing a debt and credit crisis is improving at a rapid pace.
The results of the latest Bloomberg Global Poll also show that 40% of the surveyed senior officials of major investment companies believe that the European economy is improving, its results are four times higher than in May which means that, after three years and a half, the crisis is about to be over.
The probability of Greece’s default is still there as stated by 62% of respondents; however, this percentage is lower compared with 2010 when the issue was raised for the first time. Moreover, 31% believe that the Greek economy will fully recover without facing a credit event.
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