It is well known that during the third trimester of 2015 economic activity in Greece reached the bottom.
However many believed that this could create a base of new expectations for development.
During the eighteen months that followed, these expectations were suppressed under the government’s undecision and unwillingness to apply what it had been agreed with partners and creditors in Summer 2015.
From the end of 2015 to the beginning of summer 2017 Greek economy was in a state of a strange short of pending.
The closing of second review was without a doubt a salutary step for Greek economy.
International Investment Funds, that had already discovered big opportunities in Greece, after receiving this message of stability, invested immediately in Greek bonds and other products.
Their focus is now on hotels, real estate, processing units, food industries and on aviation and maritime transport as well.
As far as the tourism is concerned the overnight stays in 2016 reached 16 millions.
The question however is wether Greek government realises all these prospects and if so why there is such a delay especially in forwarding big investments in tourism infrastructures, such as the investment in Elliniko.
Antonis Karakousis
(translated abstract)
