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2017 was a landmark year for the Greek economy, as it ended a multiannual period of economic crisis and recession, bringing it back to the pathway of growth.
Greece has a developed infrastructure that enables the uninterrupted implementation of most investment activities. Within the context of the 2004 Olympic Games in Athens, and investment in the years after, there have been a number of material improvements in Greece’s infrastructure of Greece.
During the last decades in Greece, demographic shifts, EU integration, and global trends have been reshaping the economic landscape so that Greece’s human resources are meeting the needs of today’s service and knowledge-based economy. There is a good supply of highly qualified labor in Greece, capable of effectively supporting any investment project.
According to provisional data by the Hellenic Statistical Authority for 2017, the total value of exports amounted to € 28,832 million, in comparison with € 25,463.5 million in 2016, increased therefore by 13.2%. The corresponding increase excluding oil products was 7.1%, while excluding oil products and ships was 7.2%.
According to the latest Bank of Greece data, net Foreign Direct Investment inflows during 2017 reached € 3,597 million vs. € 2,820 million during 2016, an increase of 27.6%, marking a record for the last decade.
Investors have a wide selection of alternatives for their financing needs to implement their projects:
1. The PA (Partnership Agreement for the Development Framework) 2014-2020 constitutes the main strategic plan for growth in Greece with the contribution of significant resources originating from the European Structural and Investment Funds (ESIF) of the European Union.
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