Greek PM Heads to China on Trade Mission

Greek Prime Minister Antonis Samaras headed to China on Wednesday, amid hopes that the world’s second largest economy can revive one of the euro zone’s most debt laden countries.

Greece is hoping that the five-day trade mission, which includes a delegation of around 70 businessmen, can attract investment as the country continues with the privatization of state-owned assets required under its international bailout deal.

Costas Michalos, president of the Athens Chamber of Commerce who is participating in the trade mission, told CNBC that the visit corroborated “the excellent climate prevailing between Greek–Chinese relations” and said both sides were aiming at “jointly exploiting” major investment opportunities.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza