2007 Developments
The total value of Greek investment in the Republic of Macedonia in the last three years has declined. In the first half of 2007 it reached $6 million, less than the corresponding amounts in previous years. Greek investment had peaked in 2004 at over $30 million a year. . Nonetheless according to newspaper Eleutheros Typos by the start of 2007 about 263 million USD had been invested by Greeks. Of the 20 most sizable investments in the country 17 are financed with Greek capital and over 20,000 (about 6% of the workforce) are employed in Greek-owned enterprises . At the time 28% of Greek investments were in banking, 25% in the energy sector, 17% in telecommunications, 15% in industry and 10% in food.
Read more about this topic: Greek Investments In The Republic Of Macedonia
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