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Greek Enterprises Top Foreign Investors List, Serbia

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Greek enterprises top the list of foreign investors in Serbia, as more than 250 local companies are active in the Balkan country.  This was stated at a business conference titled: ”Business Opportunities in Serbia” in Athens, on Wednesday as daily Kathimerini reports today. Serbia’s Alternate Prime Minister Bozidar Djelic said that there is great interest in his country for Greek imports, stating: ”we want products from Greece beyond just fruit and feta cheese.” He went on to estimate that Serbian tourists in Greece will reach 1 million this year from 700,000 last year, placing Serbia in the top-three nations in Greece’s tourism markets. He added that the two countries are well on their way to lifting counter-incentives for business growth and cooperation.

Constantinos Michalos, the head of the Athens Chamber of Commerce and Industry that hosted the event, suggested that Serbia remains one of the top markets for Greek companies, with the total Greek capital invested there exceeding 2 billion euros. Interest, meanwhile he said, is growing. Deputy Foreign Minister Spyros Kouvelis claimed Greek banks can be the springboard for more investments in Serbia, where they have a 16% share of the credit market.

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