Philip Morris investment a strong vote of confidence to Greek economy, PM says

18:56 29/8/2013 - Πηγή: Matrix24

Speaking during a meeting with Philip Morris’ chief officer in Greece, Nikos Theofilopoulos, the Greek premier said this business decision is a great, substantial and symbolic investment that will help establish the sense that everything is changing in Greece. Samaras also reiterated that the Greek government

signed an agreement with the multinational company six months ago, under which Philip Morris will raise its supplies by 20 pct, compared with the previous three years.

This investment meant new job positions, he underlined, international transport of products and boosting exports of a very strong sector with a big demand all over the world.

“Greece does not stop here. We will exploit all of our comparative advantages to make our homeland a healthy investment destination, with solid new job positions, particularly for our youth,” the Greek premier noted.

Agricultural Development and Food Minister Athanasios Tsaftaris, who was also present at the meeting, said that the agreement signed with Philip Morris six months ago has already offered significant results in tobacco cultivation.

Theofilopoulos said that for Philip Morris, Greece was a country of strategic significance for eastern-type tobacco and believed that with the investments made by the company in Greece – worth more than 600 million euros in the last decade – “we will help the country to exit the crisis”.

Source: AMNA