Focus on Greece Investment Immigration and pay attention to business and trade in Greece: Kalperis: Greece is accelerating its €50 billion privatization project. It is not an exaggeration to say that this is the largest privatization process in the world since World War II. I want to emphasize that the privatization process of state-owned assets, based on the consensus between Greece and its international partners, is a strategic choice of the Greek government. Its purpose is not to fill the budget deficit, but to serve as a tool to operate valuable government assets that have not yet been developed, thereby attracting investment, creating jobs, reducing unemployment, and injecting necessary liquidity into the economy.
For serious investors, there are certain areas that will definitely attract their interest. For example, real estate and tourism infrastructure, utility companies, pipelines, and banks that have completed capital structure adjustments, which will play an important role in the financial sector as well as in investments in Greece, the Balkans, Southeast Europe, and the Middle East. Additionally, there is the energy sector. In this regard, Greece has good infrastructure and is rich in resources in both traditional and renewable energy fields.
I invite Chinese investors to consider these opportunities and benefit from Greece's privatization process. I want to emphasize to Chinese investors that Greece's privatization is absolutely based on transparency, efficiency, and speed, with no preferential treatment or behind-the-scenes deals. The best bidder that meets the legal requirements of Greece and the European Union will win the contract.
At the same time, Greece will also take measures to stimulate foreign investors, such as reducing bureaucracy and providing necessary grants, subsidies, and tax incentives. In addition, we will issue long-term residence permits for strategic investors (over €2 million) and buyers of real estate projects valued at over €250,000, allowing them to move freely in the Schengen area.