GR US

Australian Interest for Investments in Tourism, Amb. in Greece Says

Ευρωκίνηση

Australia's Ambassador to Greece Kate Logan with the government's vice president and economy minister Yiannis Dragasakis, Nov. 22, 2018. (Photo by Eurokinissi)

Australia's interest to invest in Greece is increasing, said Australia's Ambassador to Greece Kate Logan at a meeting on Thursday with the government's vice president and economy minister Yiannis Dragasakis.

Of particular interest are the sectors of tourism, logistics and real estate, she added. Dragasakis noted that the Greek government is currently implementing a strong reform programme, as set in the Comprehensive Strategic Growth programme, with modern reforms designed to boost growth, simplify and improve that business environment, modernise the public administration and limit bureaucracy and accelerate the judicial process.

He underlined that rendering Greece attractive to investors is a priority, particularly long-term investments as these can create new job positions that will contribute to the reform of the country's productive model, with emphasis on extroversion and innovation.

Both agreed that the successful result of the ongoing negotiations between EU and Australia for an agreement on free trade will contribute in the lifting of the existing hurdles and the upgrading of the trade relations between Greece and Australia, especially on the prospect of invigorating the Greek exports and penetration of the Greek products in the Australian market.