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Naval Group offers to build 3 more FDI frigates in Greece

France’s Naval Group, which holds an agreement with Greece for three FDI frigates for the Hellenic Navy and an option for a fourth, has submitted an application to the Greek government and its Defense Ministry for the establishment of a local production line manufacturing surface ships, submarines and unmanned surface vehicles, or USVs.
  • Published in Greece

OECD: Foreign Direct Investments in Greece jumped 62% in 2021-2023

Foreign direct investment (FDI) in Greece has increased sharply over the last three years compared to the previous period, according to the latest Organisation for Economic Cooperation and Development (OECD) report "FDI in Figures".
From an average of 4.15 billion dollars in the three-year period 2017-2019, it reached 6.7 billion dollars in the three-year period 2021-2023, marking an increase of 62% as the Greek economy recorded significant growth rates.
In 2020, FDI had fallen to 3.2 billion dollars, but this was due to the coronavirus pandemic that led to a halt in economic activity, with global FDI plunging 58% in that year.

Real Estate Sector Attracts 1.64 bln€ in FDIs in 2023

Greece’s real estate sector continues to attract foreign interest, according to the most recent Bank of Greece (BoG) figures, either through the resilient “Golden Visa” program or residents of EU countries interested in retirement or semi-retirement in the country.

  • Published in Greece
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