Development, Competitiveness & Shipping Minister Mihalis Chryssohoidis on Tuesday urged French business leaders to invest in Greece, saying that the country was radically changing to “adopt a new productivity model, more competitive, more export-orientated and more friendly to enterprises”.

    Addressing an event in Paris organised by the French-Hellenic Chamber on investment opportunities in Greece, Chryssohoidis stressed that a new investment law offered significant investment incentives, new services while it eliminated bureaucratic procedures.

    “We began a major effort,” the Greek minister said, adding that German Economy Minister Philipp Roesler recently visited Greece and signed a memorandum of understanding envisaging efforts to attracting large and medium-sized investments to Greece.

    Chryssohoidis said that similar contacts have been made with the Dutch government. He noted that French enterprises were the second largest investor in Greece, with investments in the real economy with long-term planning, and stressed that Greece was currently in need of serious medium-term investments - the main characteristic of French investments.

    Chryssohoidis met with the heads of the Oseo investment bank, a state bank used to finance innovative small- and medium-sized enterprises, the head of MEDEF - France’s employers’ union - and with the board of the Organization of Economic Cooperation and Development OECD).