Greece emerges as an investment destination: Survey

Athens, July 14 (Xinhua)-According to 62% of respondents to the survey presented here on Wednesday, Greece’s image as an investment destination is despite the challenges posed by the COVID-19 pandemic. It improved in 2020 compared to 2019.

Last year, Greece was ranked 29th to 2018 as Europe’s 23rd most popular investment destination, according to the Global Professional Services Network Ernst & Young (EY)’s Attractiveness Survey Greece 2021 presented at the 4th InvestGR Forum. Ranked in 35th place.

The number of foreign direct investment (FDI) projects in Greece increased 77% from 22 in the previous year to 39 in 2020. According to the Bank of Greece, the total amount was 3.1 billion euros (3.7 billion US dollars).

70% of the 253 respondents to the survey said they intend to proceed with their investment plans, and 57% said that managing the COVID-19 crisis in Greece boosted the country’s view as an attractive investment destination. Said.

The most important comparative advantages of Greece’s appeal are quality of life (78%), infrastructure, and level of labor skills.

Eight out of ten respondents said that if Greece further reduced tax and social insurance costs and improved innovation and high tech, it would either invest in the country or strengthen its current presence.

According to 51% of the investors surveyed, tourism will continue to be a strong driver of Greece’s growth over the next few years. We also identified service, sales, marketing, digital economy, logistics, energy and manufacturing opportunities.

Greece emerges as an investment destination: Survey

Source link Greece emerges as an investment destination: Survey

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