A draft bill turning the Organization of Export Credit Insurance (OAEP) into a Societe Anonyme was approved by a majority vote at the Greek Parliament on Thursday, ANA reports.
The new entity will be called the Hellenic Export Credit Company SA, and the bill includes ratification of its articles of association.
During a hearing on Tuesday, related agencies expressed their full support for it, including the Panhellenic Exporters Association of Exporters with the president of the board Christina Sakellaridis who said this was a step long overdue, the Greek Exporters Association (SEVE), the Exporters Association of Crete, and the Hellenic Federation of Enterprises (SEV).
Speaking of the bill at plenary, Deputy Foreign Affairs Minister Konstantinos Fragogiannis said that economic diplomacy and extroversion were basic government policies, while during its two years in power “we had a record number of strategic investments – 4.8 billion euros worth of strategic investments have been approved, and another 7.4 billion euro worth of strategic investments are in the pipeline and expected to be approved in the following weeks.” He also criticized the previous coalition government of Syriza and Independent Greeks (ANEL), saying “you had a total of 1.2 billion euros worth of strategic investments.”
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