CASE STUDY /
Greece adopts new initiatives to boost engagement with global markets
The Greek government has approved a new national extroversion plan that will further boost commercial and official engagement with global markets, helping to raise the country’s economic and diplomatic presence in the region and beyond.
The Council for Economic Policy, chaired by Prime Minister Kyriakos Mitsotakis, this month approved a new strategy that includes upgrading the state investment and trade promotion agency, reorganizing the country’s export credit agency, creating an interministerial extroversion committee, and adopting a five-year strategy to support exports and foreign investment in Greece.
Under the new strategy, state investment and trade promotion agency Enterprise Greece will be transformed into an integrated hub of extroversion, while at the same time the activities of its sister agency, Export Credit Greece, will be expanded. The reorganization of ECG envisions the establishment of two subsidiaries for insuring short-term credits and to support the processing of business receivables, or factoring. In addition, ECG will develop its cooperation with the European Investment Bank with the prospect of financing investments in enterprises seeking to expand their international presence.
The government is also preparing a new five-year extroversion plan for 2026-2030, which is expected to be ready by the first quarter of 2026. Other actions include a new program to support the extroversion of small- and medium-sized enterprises, developing a new framework for foreign aid and assistance, the creation of an Extroversion Observatory, and support for an Export Academy.