The European Bank for Reconstruction and Development is increasing its investments in Greece

The European Bank for Reconstruction and Development is increasing its investments in Greece

The European Bank for Reconstruction and Development (EBRD) intends to further increase its investments in Greece, said its President, Sir Suma Chakrabarti, during his meeting in Maximos Mansion with Prime Minister Kyriakos Mitsotakis. The prime minister referred to the political stability, the restoration of confidence in the country and the friendly environment created by the government. He expressed the expectation of the EBRD’s greater involvement in the recovery of investments and referred to specific projects that the Bank could be involved in.

Sir Chakrabarti welcomed the significant improvement in the investment climate in Greece, referring to the Prime Minister’s speech at the TIF, but also to the unblocking of significant investments. He even informed the Prime Minister that the EBRD had recently upgraded Greece’s credit rating internally. The Bank is considering possible investments in Elliniko, PPC, ELPE, but also in other important areas such as renewable energy, privatizations and waste management.

Sir Chakrabarti also pledged to continue working with the banking sector, especially for business access to finance.

In view of tomorrow’s EBRD inaugurations in Thessaloniki, Mitsotakis asked that the possibility of investing in the remodeling of the TIF site as well as the creation of a technology park in Thessaloniki, be put under consideration.

The meeting was attended by the Minister of Development, Adonis Georgiadis, and the Deputy Minister under the Prime Minister Stelios Petsas./ibna