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Economy

Smyrlis Presents Greece’s Extroversion in Davos

DAVOS – The foreign ministry’s Secretary General of International Economic Relations and President of Enterprise Greece, Ioannis Smyrlis, presented the reforms of the Greek government with emphasis on highlighting the comparative advantages of the country and the new, extrovert and dynamic face of Greece in a debate with a CNBC Arabia reporter during the Greek House Davos 22, which took place within the framework of the World Economic Forum, in Davos, Switzerland.

Smyrlis also referred to the rapid growth rates of the Greek economy, 8.3% for 2021 and an estimated 3.5% for 2022, as well as the ranking of Greece among the top 10 investment destinations in Europe, with companies such as Microsoft, Pfizer, Amazon, Volkswagen and Cisco investing in the country.

Asked about investment incentives, he stressed that Greece’s strategic and geographical location at the crossroads of three continents offers business opportunities in the Balkans, the wider region of Southeastern Europe, the Black Sea and the Arab world.

“In addition, Greece, as a hub for gas and oil pipelines, in combination with the significant Greek business presence in Southeast Europe, offers another significant advantage for potential investors as well the updated legal framework for foreign direct investment (FDI), with particular emphasis on strategic investment schemes,” he underlined.

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