Greece may still be lagging behind in attracting foreign direct investment (FDI) projects as indicated by low competitiveness rankings but according to the Hellenic Federation of Enterprises (SEV), the country can more than double productive investment and create some 200,000 new jobs by 2025, with the implementation of a fast-track program.

According to SEV Chairman Theodore Fessas, the Greek economy needs to be “shocked out of a 100-billion-euro investment gap created cumulatively over the 2009-2017 period”.

In this direction, he suggests the adoption of an aggressive package of horizontal pro-investment reforms with specialized policies focusing on nine sectors – metals and mining, food, medicine, energy, telecommunications, supply chain, education, digital economy and cyclical economy – in order for Greece to boost investments in productive activities from seven to 10 years, significantly improving the country’s GDP share from 13 percent today to 20 percent by 2025.