In his aaddress to an event organized on Thursday, September 8, 2022, in Thessaloniki, by the Hellenic American Chamber of Commerce and PWC themed “Turning the crisis into an opportunity for Greece”, Deputy Minister of Foreign Affairs for Economic Diplomacy and Openness Kostas Fragogiannis highlighted the dynamics of foreign investments in Greece, as a result of the government’s choices and systematic efforts over the last three years.
In a discussion/interview with the President of the American-Hellenic Chamber of Commerce, Nikolaos Bakatselos, and the Deputy CEO of PWC Greece, Kyriakos Andreou, Mr. Fragogiannis pointed out that despite the unstable and uncertain international environment, the prospects of the Greek economy are positive.
Responding to questions regarding foreign direct investment, Mr. Fragogiannis expressed satisfaction with the increased investment interest in the country, noting that in 2021, net foreign direct investment recorded the highest performance in the last twenty years, reaching 4.8 billion euros, and it is already 4.3 billion euros for the first half of 2022. The Deputy Minister also expressed satisfaction with the diversification recorded in the investment qualitative characteristics, which are now directed towards sectors such as high technology and the pharmaceutical industry.
Asked about the possibilities of maintaining this positive momentum for attracting investment, the Deputy Minister focused on investments in the energy sector, and renewable energy sources. Mr. Fragogiannis spoke of a “storm” of investments in the energy sector, emphasizing the multiple benefits of these investments for Greece, in safeguarding the country’s energy security and consolidating its position as a regional energy hub, while also restoring its reputation as a safe and attractive investment destination.