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Investments

BlackRock Postpones Indefinitely €300 Mln Investment Project in Greece

BlackRock has indefinitely postponed an investment project in Athens; that is estimated at 300 million euros, due to continuous hurdles put forth by leftist groups and bureaucracy. Since 2007, BlackRock, one of the largest investment management companies globally, has been...

Capital Management Expert: Greek Economy can Turn Around with Another Gov't

Greece's economy can recover and the country can lure many investors as long as a center-right government, investment - friendly is in power, said head of Hayman Capital Management, Kyle Bass. According to a Kathimerini newspaper report, Bass spoke to Bloomberg saying...

BlackRock: Greek Economy is Resurgent, Investments Unlocked

Global investment management corporation BlackRock has issued an upbeat analysis on a series of the continent’s nations — including the one that has grappled with some of its biggest problems: Greece. The asset manager describes the country as “resurgent”, and...

Greek Federation of Enterprises Urges for New Investment Policy Mix

The government and the institutions must negotiate a new mixture of investment-friendly policy, during the third review of the Greek programme, aimed at reducing unemployment in a sustainable and not temporary way, the Federation of Hellenic Enterprises (SEV) stressed...

Archaeologists are Fighting a Battle to Defend the Country, Says Skourletis

"Yes, to investments but with rules that apply to everyone," Interior Minister Panos Skourletis stated on Thursday, referring to the stance adopted by Greece's Central Archaeological Council regarding the planned investment on the site of the former airport at...

FinMin Tsakalotos: Investments in Greece to Become ‘Too Large to Absorb’

Greek Finance Minister Euclid Tsakalotos predicted that in the next two years Greece would be overwhelmed by foreign investment that could become difficult to absorb. In an interview with private TV station ANT1 on Wednesday evening, Tsakalotos brushed aside concerns...

Qatar Says Goodbye to Greece: 'We Cannot Invest by Force'

In contradiction to the optimism of the Greek government on its capacity and willingness to attract foreign investments, the Qatari state company Al Rayyan announced that it is cancelling proposed investments in Greece. In a press statement on Thursday, Al...

While Greek PM Calls for Investors, his Men Try to Chase them Away

Greek Prime Minister Alexis Tsipras is either having a problem accepting the truth, or he is completely disconnected from his cabinet and comrades. Or both. Although on Saturday he declared that Greece is "thirsty" for foreign investments and urged...

Greece's Main Trade Union Criticises Government's 'Hostile Attitude' Towards Investments

On Monday, Greece's main private sector union GSEE, said that it "strongly disagrees" with the decision by Canadian miner Eldorado to halt all investment activities in Greece, as well as with the government's "hostile attitude" towards investments. "GSEE supports the...

Tsipras: Grexit has Become Grinvestment

Speaking Saturday at the opening of the 82nd Thessaloniki International Fair Prime Minister Alexis Tsipras says the Greek economy is turning around and will no longer be under the supervision of the country's creditors in 2018. To demonstrate his optimism,...