Opportunities for Swiss investors
Greek National Economy and Finance Minister Kostis Hatzidakis met on Friday with visiting Swiss Federal Councillor and head of the Department of Economic Affairs, Education and Research Guy Parmelin. The two ministers discussed the two countries’ economic relations and investment opportunities in Greece. Hatzidakis in particular referred to the framework to promote strategic investments, to financing opportunities by the Recovery Fund, and to investments in green economy and decarbonization. Hatzidakis and Parmelin also discussed issues related to Swiss businesses, including pharmaceutical companies already active in Greece. Parmelin also expressed his country’s interest in participating at the EU’s Horizon and Erasmus+ programs. The two ministers agreed to set the office of Economic Policy and Strategy Secretary General Giorgos Christopoulos as their respective ministries’ contact point.
Telnav-Posidonia. Navigation and communication equipment distributor Telnav USA LLC is setting its compass from Houston, Texas to Athens this summer as it gears up for its Posidonia debut. Telnav boasts the largest service network across the Americas, stretching from Canada to Chile. It encompasses key regions like the US, Brazil, Mexico, Colombia, Guyana and beyond, offering substantial geographic coverage and unparalleled support and accessibility to marine customers, when they are sailing and calling ports of a region traditionally known for poor service quality. A spokesperson for the company said that Posidonia 2024 (on June 3-7) gives Telnav the chance to connect with the Greek Shipping community. “Greek shipowners have historically been strongest in the bulk carrier and tanker segment of the shipping industry. For our Greek customers sailing through the Americas, our extensive network presents a good alternative for their navigation and communication needs. We’re excited to dive into conversations, make new connections, and show our Greek customers and partners the advantages of Telnav’s network.”
Cyprus tourism. Revenue from tourism returned to growth in February in Cyprus, following the annual reduction in January. According to Statistical Service of Cyprus (CyStat) data from the results of the Passengers Survey, tourism revenue amounted to 65.1 million euros in February 2024 compared to €56.6 million in February 2023, up by 15%.