Tuesday, 22 February 2022

Greece welcomes sharp increase in Foreign Direct Investment in 2021


Greece welcomes sharp increase in Foreign Direct Investment in 2021

Athens, 22 February 2022| Greece welcomed an impressive 74.3% increase in Foreign Direct Investment (FDI) in 2021, marking a new record for FDI inflows into the country. According to provisional data published by the Bank of Greece, net FDI inflows last year exceeded €5 billion (2021: €5,055.9 million), compared to €2.90 billion a year earlier.

The figures represent the largest net FDI inflows since 2002, confirming that the Greek economy continues on its upward trend and remains one of Europe’s leading investment destinations. Compared with 2019, the year before the outbreak of the COVID-19 pandemic when FDI inflows reached a record €4.47 billion, FDI inflows were up 13%.

Enterprise Greece plays a crucial role in attracting foreign investments to the country. Despite the impact of the pandemic, Enterprise Greece has continued to promote the country's investment opportunities by organizing targeted events, online business meetings, business missions, presentations and speeches in international fora.

Referring to the latest FDI data, Enterprise Greece CEO Georgios Filiopoulos, said: "The image of Greece as an investment destination has changed dramatically and the country is now considered among the most attractive investment destinations in Europe. At Enterprise Greece, we continuously monitor international trends, as well as domestic developments, and each year we formulate our strategy for attracting new, productive investment, focusing on the areas where there is the most active interest and significant prospects."