Third Greek Investment Forum Held in Manhattan
- Written by E.Tsiliopoulos
The Athens Stock Exchange (ATHEX) and the American-Hellenic Chamber of Commerce (AmCham) are hosting the 3rd Greek Investment Forum, "GRforGRowth," on June 11 and the ATHEX Roadshow on June 11-12, at the Harmonie Club in New York City.
The Forum aims to inform the US business community on the significant new investment opportunities that have emerged as a result of structural reforms and Greece's ongoing efforts to recover from the severe effects of the economic crisis and boost its economy.
Forum participants will include key government officials and prominent US and Greek business leaders, such as Christos Staikouras, Deputy Minister of Finance; Notis Mitarakis, Deputy Minister of Development & Competitiveness; Yiannis Emiris, CEO of the Hellenic Republic Asset Development Fund; and Stephanos Issaias, CEO, Enterprise Greece. The country's most promising companies representing key growth sectors, including real estate, energy, retail and technology, will be in attendance to participate in the roadshow.
Four years after Greece received its first bailout package, the country is not only showing signs of an economic recovery, but undergoing what some consider an astonishing financial rebound. In recent weeks Greece returned to the markets with a $4.2 billion bond offering, at a yield of 4.95%, which drew orders exceeding $20 billion from private investors; the country recorded a primary surplus of €1.5 billion in 2013; and the Athens composite index is up more than 23% over the past 12 months.
"These latest developments mirror the remarkable progress Greece has made thus far, turning the country into a solid destination for foreign investors. I believe we now have a great opportunity to capitalize on positive market sentiment and give our economy the boost it deserves," said Socrates Lazaridis, Chairman of the Athens Exchange. "As part of our commitment to growth in the Greek markets, I am confident that both the Forum and the roadshow will serve to strengthen economic opportunities for Greek listed companies and entrepreneurs, as well as support the positive initiatives taken on a national level to attract foreign direct investment."