Greece, Israel Can Cooperate in Many Sectors, Papoulias Says

Greece and Israel can work together in many areas, including the energy sector, to the benefit of both economies, President Karolos Papoulias said at the start of a dinner with his Israeli counterpart Shimon Peres in Athens today.

“There are significant prospects for cooperation in investment -- especially within the framework of the state-asset sales program,” Papoulias said, according to an e-mailed transcript of his speech. Energy, agricultural development and technology are some of the sectors the two countries can work together in, Papoulias said.

Eastern Mediterranean countries can work together as natural gas from Cyprus and Israel can be transported to Europe through Greece, Papoulias said.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net