Economy Minister Papadimitriou sees swift conclusion of second review

Meeting Canadian Ambassador to Greece Keith Morill on Friday, Greece’s Economy and Development Minister Dimitris Papadimitriou briefed him on the recent positive developments in the Greek economy and expressed his confidence that the second review will be concluded soon.

Among others, the minister focused on recent legislative initiatives aiming to attract foreign investors, such as bills on public contracts and issue of business licences designed to facilitate future investments by reducing red tape.

During the meeting, Morrill noted that 2017 marks the 75th year since Greece and Canada established diplomatic relations, making it a “first-class opportunity to further promote bilateral ties on a political and economic level.”

He welcomed the Greek government’s initiatives to facilitate investors, saying that these addressed problems dating back many years and expressed conviction that this will result in more investment activity. The ambassador also confirmed Canada’s enduring investment interest in Greece and his willingness to assist Greece’s efforts to attract Canadian investors and boost Greek exports.

The minister said that Greek-Canadian relations were traditionally close, due both to an active Greek-Canadian community and the steady trade ties between the two countries.