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Crisis? The Greek economy is poised for takeoff

   Feb 10, 2020
Credit : GMI Post

Recovering from a serious debt crisis last year, Greece’s GDP is expected to grow 2.8% this year as the government displays its commitment to provide more stability in the domestic market and increase access to foreign investment through new business-friendly laws and policies.

With Genesis Athens Clinic Founder Dr. Konstantinos Pantos

The country has a young labor market and unemployment rates continue to fall. For these reasons, Greece wants the world to know that it is one of the best places to do business and now is the perfect time to invest in the economy.

Most known for tourism, shipping and logistics, the Greek economy is developing new sectors, such as medical tourism, renewable energy and pharmaceuticals. In the last few years, multinationals, like Pfizer and Cisco, have recognized Greece’s potential and have opened new facilities.

During the first week of the project, the team met with the, Dr. Konstantinos Pantos, founder of Genesis Athens Clinic, which is only the third clinic in Europe to successfully perform in vitro fertilization.

Pantos says that the clinic, since it opened in 2004, has seen a steady increase in the number of non-Greek patients coming in from around the world. He believes that his clinic is able to contribute to the Greek economy in various ways by generating direct and indirect income for the country.

With Agricultural University of Athens Rector Spyrios Kintzios

Meanwhile, Greece’s agricultural sector remains one of the pillars of the economy. Famous around the world for its olives, olive oil, wine and cotton, the country offers an abundance of opportunities for investors wanting to capitalize on its reputation for high quality agricultural produce and goods, according to Agricultural University of Athens Rector Spyrios Kintzios.

Kintzios also points out the Greek agricultural sector already has state-of-the-art facilities and world-class technology and expertise to easily deliver worthwhile profit.

As Greece welcomes more international business and looks increasingly appealing to investors, there is no way to go but up for this economy.

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