More American investments heading to Greece, says Hellenic American Chamber


Source: Greek City Times

More American investments are heading for Greece said the President of the Hellenic American Chamber, businessman Nikos Bakatselos during an interview with Greek media, adding that investments in Thessaloniki and in Greece in general are expected to be “closed” in the near future, while the prospects for Greek exports to the US in the coming years are extremely favorable.

Bakatselos  said that the response from foreign investors has been that “the Greek economy is being” re-established “and is a destination of confidence in an expanded investment agenda.”

Referring specifically to energy, Bakatselos said that the Biden administration is showing a strong and dynamic level of cooperation with Greece in this sector.

On the occasion of the recent international defense and security exhibition DEFEA 2021 in Athens, Mr. Bakatselos’s assessment was that “the prospects are extremely favourable, in order to consolidate a strong connection (Greece-US)” in this area, which will be captured also in October at AUSA 2021 in Washington.

More specifically, when asked under what conditions Thessaloniki and Greece will see more American investments in the digital economy and if some deals are close to signing, Bakatselos  said that “Thessaloniki and the wider region of Northern Greece has developed into an important digital hub in Southeastern Europe, with many growth prospects, having been effectively included in the US investment map. The bilateral agreement in the fields of Science and Technology, signed in Thessaloniki in September, has played an important role in this direction.

“In the near future we will see other deals, which are a product of coordinated and constant mobility of the Greek government, but also as a result of the reforms, which have formed a very positive climate for the country in the international markets.” he added.


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