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Economy

Enterprise Greece Says 2020 Was a Positive Year

February 11, 2021

ATHENS — Greece attracted significant investment interest in 2020 despite a negative economic environment and the direct impact of the pandemic on investment decision-making, evidence of the momentum of the Greek economy and the opportunities it offers, Enterprise Greece said in a report released on Thursday.

More specifically, Enterprise Greece drafted 70 new focused investment proposals for interested foreign investors, it supported 47 investment plans which are expected to create at least 6,000 new jobs and contributed to flagship agreements, such as Next.e.GO Mobile SE and a memorandum of cooperation with Volkswagen to promote the smart and sustainable island in Astypalaia. Enterprise Greece also evaluated 14 new strategic investment projects with a total budget of 2.8 billion euros, which will create 2,057 new jobs, a result exceeding the accumulated strategic investments of the period 2015-2019.

Enterprises Greece also supported Greek exporters with a new series of digital tools to help promotional activities, it changed its operating model and focused on new services. Enterprise Greece said the top five countries for investment demand were China (60), India (49), US (37), Germany (30) and the UK (19). The Golden Visa programme offered 8,011 permits and its revenue totaled 2.0 billion euros.

 

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ATHENS - Amid complaints that letting rich foreigners qualify for Greek Golden Visas by buying property has dried up supplies and driven up rents and purchase prices, more investors want to take advantage of putting money in bank deposits.

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