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US markets positive over Greek economic performance, minister
31 March, 2006

Deputy Economy and Finance Minister Christos Folias on Thursday said his visit to the United States was aimed to examine intentions and trends prevailing in the American business world, part of an effort to attract foreign investments to the Greek market and to promote joint investment ventures between small- and medium-sized US and Greek enterprises.

Speaking to reporters in Washington, the Greek deputy minister said US officials and businessmen were well informed over the course and performance of the Greek economy, which they positively assessed. He also noted that Washington acknowledged Greece's business presence in the Balkans, where around 10 billion euros have been invested, as well as the country's geopolitical position as an energy and investment hub in southeastern Europe, the Middle East and the Black Sea region.

Folias also presented opportunities offered by the government's new investment and tax laws as well as a plan to promote joint ventures between public and private sector companies.

Source: Athens News Agency

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