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ATHENS

December 2009

EDITORIAL


As the global financial crisis begins to ebb, investors are expressing a keen interest in Greece as an investment destination. Our outreach activities of the previous three months have generated an eager response from businesspeople in Sweden, Austria, China, and Korea—among other locations. Not surprisingly, one of the key areas of interest has been in the green economy, both in energy production from renewable sources (RES) and in the vital area of waste management. Meetings with Swedish and Austrian waste management companies have allowed us at Invest in Greece to highlight the considerable opportunities they have to become part of the solution in the three Rs—recycling, reduction, and reuse—in Greece.

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HIGHLIGHT

Strong Interest in Greece from China, Korea
More than 400 investors from China and Korea expressed a strong interest in Greece as an investment destination...
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SPEAK OUT

An Interview with Brian R. Hamel, CEO, Nanochronous Logic
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OUTREACH  
Major Efforts to Promote Greece
Outreach highlights the initiatives of Invest in Greece Agency to promote the investment opportunities in Greece and Greece as an investment destination.
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INVESTMENT NEWS  
FAST TRACK - Priority Licensing for Investors
Greece has enacted new legislation that accelerates licensing procedures for a number of investments, putting investors on a priority track, with Invest in Greece facilitating the application process to ensure swift and conclusive results.
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NETWORKING IN NEW MARKETS  
ULI Now in Greece
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  ANALYSIS  
Waste Management: Sustainable Development
As Greece proceeds to implement new practices related to waste management, significant opportunity exists for investors with innovative solutions to participate in the sustainable management of waste.
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  SUCCESS STORY  
R&D for New Medical Treatments
As research and development at university laboratories take on a more central role in bringing new products to market, Greece is increasingly focusing efforts on connecting scientists and the private sector.
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  IQ-INNOVATION QUOTIENT  
Waste Management and Robotics
Waste collection, especially in urban areas, has long been a challenge to municipal authorities faced with limited resources. Now, a Greek firm in the city of Larissa has developed a robotic wastebin that incorporates a number of high-tech characteristics.
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NEWSWIRE  
China’s COSCO Begins Operation of Port Terminals
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REGIONAL GREECE  
Ports Vital to Greece’s Growth
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FDI GREECE
Foreign capital inflows in Greece increased by 40.5 percent, with net inflows soaring 147.8 percent, in 2008, compared with 2007, according to Bank of Greece figures.
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TRENDS AND TRADEWINDS
Gagosian Gallery Opens in Athens
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