C.Vamvakas, CEO of VK PREMIUM spoke during the 25th Annual Greek Investor Forum

Costas Vamvakas, CEO of VK PREMIUM Business Growth Consultants presented the favorable investment incentive schemes in Greece, during the 25th Annual Greek Investor Forum, which held in New York – US, on 11th December 2023.

The “Capital Link Invest in Greece Forum” is an International Summit about Greece in New York, organized in cooperation with the New York Stock Exchange, the Athens Exchange Group, and major Global Investment Banks.

It is the longest-running investment forum about Greece  abroad, engaged in a systematic effort to promote Greece as a business and investment destination to a global audience. It is organized under the Auspices of the Consulate General of Greece in New York and is the only one of its kind that, even during the economic crisis, played a critical role and contributed to the promotion of Greece as an investment destination, as well as the many opportunities it offers.

At the discussion panel entitled “Greece’s Tax Reforms & Incentives for Sustainable Investments”, Mr. C. Vamvakas explained how Greece is encouraging foreign investments in important sectors (green energy, ICT, life sciences, pharmaceuticals, tourism, logistics, manufacturing, global services) and presented several indicative case studies of investments that have been already approved to receive significant cash grants or tax reliefs.

VK PREMIUM is the only firm in Greece that crucially contributed to the successful approval and award of the highest cash grants to its clients’ investment projects.

Currently, there are four major investment incentives in Greece:

• Strategic Investments framework & Fast track process
• Investments Incentives Law
• Recovery and Resilience Facility (RRF)
• EU Structural Funds and EU Programs

The 25th Annual Greek Investor Forum showcased Greece’s competitive advantages and focused on business and investment opportunities across the major sectors of the economy, as well as the challenges facing the global economy today.

Every year, a delegation of senior government officials, led by the Greek Prime Minister, and a group of private sector business leaders update a global audience on the reforms, developments and outlook of the Greek economy and each of the main sectors highlighting trends and share their insight on Greece as a Business and Investment Destination.

Despite the economic turmoil in Europe, the Greek economy has demonstrated significant resilience to various to endogenous and exogenous factors. In 2022 Greece’s GDP growth was 5.9%, while for 2023 the GDP increase is estimated to reach 2.5% which is above Eurozone area peers’, a sign that the Greek economy is holding up more than the economies of much stronger countries in Europe. 

VK PREMIUM is an advisory firm, established in 2007, in Athens, Greece, offering expert services to companies from a diverse range of industries in both private and public sectors. VK PREMIUM has the proven ability to manage complex projects, multiple resources, and cross-functional teams to develop customized Business Strategies to deliver successful results in a cost-effective & efficient manner. 

During its sustainable growth path of circa 16 years to date, VK PREMIUM assisted and facilitated business needs and objectives to over 3000 large as well as SMEs in Greece across all industries.  

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For further information please contact VK PREMIUM Business Growth Consultants at : info@vkpremium.com or call us : + 30 210 6835560