The large international rating agencies continue to “sell” the investment dream in Greece to their clients.
“We hope you will be able to join us on this journey, which will allow you to understand Greece’s impressive recovery story,” JP Morgan said to its clients, whom it intends to bring to Athens, in an important roadshow, to be held from January 17 to January 19 under its auspices, confirming that:
- Greece has entered the major investment markets.
- The international rating agencies see continuity in Greece’s economic growth as well as large profit margins.
- Greece is a country for new international agreements.
J&P Morgan has already announced meetings of the international investment community with the managements of the credit institutions, the managements of large Greek companies, the market regulators (Bank of Greece, HFSF, etc.), but also with government representatives.
Aegean Airlines, Alpha Bank, Eurobank, Piraeus Bank, National Bank, Athens Stock Exchange, Bank of Greece, Financial Stability Fund, Intrum, Mytilineos, OPAP, OTE and Payzy Wallet, Prodea Investments, Terna Energy and of course the Greek government will participate in the event – initially, because more companies are expected to be included in the list.
Investment goals
The banking and energy sectors attract the majority of international investment demand, but international players have begun to take a keen interest in the secondary securities market. Meanwhile, the servicers have also started to move dynamically.
Market sources estimated that the country’s investment course will continue and that interest in the Athens Stock Exchange will be further strengthened. International investors are looking for opportunities, despite the strengthening of prices on the Athens Exchange, while it should be noted that they have begun to transfer funds from neighboring stock markets, including Italy and Spain. All this has been achieved thanks to the country’s consistency and commitment to the stability program.
Payment systems, technological applications and real estate are also at the forefront. As for the banks, a big incentive is the continuation of privatizations and the fact that for this year’s financial year the Greek credit institutions will distribute a dividend. After all, the recovery of the economy is expected to create conditions for the provision of new loans, despite the increased interest rates, with the help of the RRF.
