Tzouros (Piraeus Bank): Investments of 120-150 billion euros in the next 10 years

Piraeus Bank is expanding its enactment into infrastructure, according to Theodoros Tzouros, Executive General Manager and Chief of Corporate and Investment Banking, speaking astatine the Delphi Economic Forum XI.

Tzouros referred to the concern wave of caller years, with a absorption connected large roadworthy networks, airports and energy, and stressed that a caller wave of concern is expected, centered connected logistics, technology and vigor infrastructure. To recognize these investments, a strong banking sector, due European backing instruments and committed investors are essential. Within the model of the Recovery and Resilience Facility (RRF), Piraeus Bank has financed not lone ample firm investments but besides galore small and medium-sized enterprises.

Speaking to Naftemporiki TV, Tzouras underlined that “after a prolonged play of crisis, during which Greece experienced a virtual concern standstill, the past 7 years person seen a revival successful concern interest.” He added that “priorities person shifted—from the greenish transition. The absorption is present connected vigor security. Consequently, the adjacent concern wave will beryllium linked to the country’s vigor autonomy. We are seeing investments successful batteries, interconnections with different countries, and successful the vigor grid to support renewable vigor sources. Logistics is besides a cardinal concern sector, arsenic are information centers.”

According to Tzouras, “this concern wave could scope 120–150 cardinal euros implicit the adjacent decade, provided three cardinal conditions are met: a strong banking system—which is already successful place—access to European funds, and investors with the capableness and expertise to present large-scale projects.”