Keyword: foreign investors

Foreign investors scent profits as Greece sells off the family silver

L'entrée du Golden Hall © dr L'entrée du Golden Hall © dr

Has Greece become the new El Dorado for foreign investors? The country is currently busily selling off state-run enterprises, lucrative concessions in state monopolies and coastal resort sites, and has slashed labour costs. The result is that numerous overseas businesses and funds, including some from China, Russia and Qatar, are eager to pour cash into the crisis-stricken country despite local opposition to many of the sell-offs. Amélie Poinssot reports.

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