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Government maintains that foreign investment will bloom in Greece

Participation of foreign investors in Greek competitions for Renewable Energy Sources (RES) is indicative of an international attitude change regarding Greek economy, Minister of Environment and Energy Giorgos Stathakis said, speaking at Proto Thema radio station. 

"Greek economy has turned the page and the image in the field of energy, where a lot of investments are underway, as well as in many others fields... show that the country is now also attracting foreign capital,” Stathakis said. 

Referring to the competition for RES investments that took place on Monday, Stathakis mentioned the great interest shown by foreign investors led to much lower aid rates.

The conditions are thus starting to be shaped, the Minister continued, that will permit a decrease in energy prices as well as the strategic turn towards RSE that the National Energy and Climate Plan prescribes. 

Stathakis confirmed that the binding offers for lignite plants owned by the Public Power Corporation will be unsealed on January 7.

However, Mr. Stathakis' statements contradictthe statements by most pundits, including commerce and industrial chambers, which are saying that the current government has destroyed any investment climate, due to arbitrariness, absurdly high taxation, bureaucratic impediments, and procrastination.

Indeed, apart from the sell-off of the country's "silverware" the government has impeded any foreign investment, including the Hellinikon project, which is an obligation prescribed in the memorandum with lenders.