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Greek Economy Conference: ‘Smart Investors Will Grab Opportunities Today’

The improving economic climate in Greece is the subject of a two-day conference organized by the American-Hellenic Chamber of Commerce in Athens.

Politicians, entrepreneurs and diplomats are taking part in the conference that as President of the Chamber Simos Anastasopoulos said it has become an important yearly event in the Greek calendar.

Keynote speakers include main opposition leader Kyriakos Mitsotakis, Deputy PM Yiannis Dragasakis, US Ambassador to Greece Geoffrey Pyatt and Greek and American entrepreneurs and investors.

Speaking to Greek Reporter’s Babis Petrakis, Anastasopoulos said that participants will discuss prospects for the Greek economy and in particular ways to further improve the business environment in order to attract investments.

“Greece has become a champion of investment. However, investments up to now aimed at balancing out the fiscal imbalances in the Greek economy,” he said.

“The imbalances were corrected but this was done at the expense of the real economy”, he added.

Anastasopoulos stressed that what is required now is to proceed with structural reforms that are necessary to improve the business climate.

“These structural reforms have no financial impact. We need to speed up the administration of justice and the granting of permits and create a tax system that is stable and permanent.”

These reforms are “absolutely necessary” for the improvement of the business climate in Greece.

Anastasopoulos send a message to the Greeks of the Diaspora saying that Greece today offers a big opportunity for investment.

“There is a growing consensus in Greece on what needs to be done to attract investment and improve conditions for entrepreneurship.

“We expect an improving environment for 2018 and therefore the smart investor will grab the opportunity Greece s offering today,” Anastasopoulos said.

The American-Hellenic Chamber of Commerce has a a corporate membership today of some 1.000 companies operating in Greece, that includes American companies doing business in Greece and major Greek enterprises doing business in or with the U.S.

It encourages and facilitates trade, investment and professional partnerships from both sides of the Atlantic.