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Wednesday, July 20, 2005

ATHENS can be one center of the POLE

The Hellenic Center for Investment (ELKE) is the national investment agency responsible for promoting, attracting and supporting foreign direct investment into Greece. ELKE operates as a one-stop-shop for investors and offers the following services without charge:

PROMOTION / informs investors on investment opportunities on both a sector and specific project level.

SUPPORT / provides information and guidance on procedures required by central and local authorities; assists in securing the necessary licenses; provides personalized assistance and advises the investor to ensure smooth implementation throughout the investment process, including After Care.

IMPLEMENTATION / handles applications for cash grants for investments above € 15 million, or above € 3 million if at least 50% of equity is in foreign capital.

COUNSEL / advises Government on recommended changes to the legal and regulatory framework on investment.



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