Newsletter February,2022,02


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Our View: Invest & Trade

By Georgios Filiopoulos
CEO, Enterprise Greece

Greece is expanding its presence in world markets – both as an investment destination and as an exporter. And last year was a record year for both.

Foreign direct investment in 2021 surpassed €5 billion, according to provisional data, a double digit increase over the previous record two years earlier before the onset of the coronavirus pandemic. And this past month, the country’s fast-growing innovation sector saw the emergence of the first Greek unicorn, confirming Greece’s place as a rising power in technology and innovation. This follows a string of foreign acquisitions and investments in Greece’s tech sector over the last three years.

Meanwhile, Greek exporters notched up another record year: Greek exports of goods grew 29.5% in 2021 and reached a benchmark €40 billion. The growth was across the board, from petroleum products to F&B, demonstrating the competitive quality of Greek products.

This outward orientation, with Greek companies competing in international markets for investors and buyers, is further proof of Greece’s ongoing economic transformation. Both represent a vote of confidence in Greece and Greek producers.