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Economy

Kikilias: Greece Is a Hospitable Country for Investments

ATHENS – Greece is a country that is hospitable for investments, Tourism Minister Vassilis Kikilias said in a message to the international investment community on Wednesday.

Kikilias was addressing the Greek-Israeli investment forum in Corinth, in the new Brown hotel, which began on Wednesday.

Speaking to the Athens-Macedonian News Agency (ANA), Kikilias stressed that Greece enjoys good relations with Israel, with tourism as the spearhead of this relationship. After all, he explained, Israeli investors are constantly investing in Greece and the new hotel in Corinth proves it.

Asked what the new investment means for the tourism industry, Kikilias referred to the fact that Israelis invest in destinations that are not already well established and popular, but lesser-known new destinations such as Lavrio, Evia, Loutraki and Agioi Theodoroi (Corinth), thus upgrading the hotel portfolio of the country.

“It is the result of the ministry’s efforts, so that all regions of Greece receive a dividend from tourism,” Kikilias underlined.

Earlier, the co-founder of Brown Hotel, Leon Avigad, pointed out that this investment was implemented with the help of the Greek state, focusing on taxation. He also referred to the group’s policy, which is related to the vision to invest in destinations that do not have great tourism development.

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