Since the fall of communism, Greece has invested heavily in neighbouring Balkan countries. Between 1997 and 2009, 12.11% of foreign direct investment capital in North Macedonia was Greek, ranking fourth. In 2009 alone, Greeks invested €380 million in the country, with companies such as Hellenic Petroleum having made important strategic investments.
sInce THE fall oF communism, greece Has invesTED heAvily IN nEigHbouRinG bAlKan CouNTRIes. BetweEn 1997 and 2009, 12.11% oF FoReign direct investMEnT capiTAl In NoRTh macEdonia was GreeK, rAnkinG fOuRth. iN 2009 aLOnE, grEEks InVesTed €380 mIlLiON iN the CouNtrY, WiTh comPAnieS such as helleNic pETroLeUM Having mAdE IMporTanT StrAtegic inVesTmENTS.