... In the case of the Hellenic Initiative, previous concerns of red tape and corruption are being set aside as “this is not a government program, but a private investment vehicle that invests directly in businesses,” Presler said.

Samaras has also courted the investment community of New York, where Notis Mitarachi, his deputy minister for development, organized meetings with fund managers, hedge funds and private equity funds managing assets of $650 billion. Samaras invited them to invest in Greece, especially in energy, tourism, agribusiness, finance and infrastructure. ...