Greece’s New Fund Eyes €1 Billion Investment in Tech, Renewables

Greece’s new innovation and infrastructure fund wants to join with private partners to carry out €1 billion ($1.2 billion) in fresh investments in the next three to four years, said the top official overseeing the state’s assets.

The new vehicle was designed to help with the country’s push as it continues recovering from a devastating decade-long debt crisis. It will be part of Greece’s Growthfund, which oversees privatizations and whose portfolio already includes state-owned enterprises and stakes in private companies in areas such as real estate, energy and infrastructure, and banks.