Forbes: Greece’s revenue from the TAP pipeline could reach $ 1.5 billion

The construction of the TAP gas pipeline is of "huge importance" to Greece, Forbes magazine reports, adding that the decision on the pipeline promotes the energy ambitions Greece.

Among other things, the article refer to the companies of countries participating in the consortium pipeline, noting an estimated inflow of $ 1.5 billion in the Greek economy, which will offset the deficit from privatizations.

It is also expected that new jobs will be created throughout the course of construction and management of the project, something necessary, according to the magazine, in a country where unemployment has reached 27.6%.

Lastly, the article stresses that the choice of TAP allows Greece to use it as "a display element of recovery and attracting foreign investors."

The head of research of the Institute of International Relations in Panteion University, Constantinos Filis had said earlier in the Wall Street Journal, as the article mentions, that "TAP is very important for the country, but this is only an indirect investment. Greece will distance itself from the vicious cycle only if it implements reforms and adopts a flexible investment plan to attract foreign investors."