With initiatives and a foreign policy of open horizons, Greece was returning to the centre of international developments with its credibility restored, Alternate Foreign Minister Dimitris Droutsas said on Tuesday at an international business conference entitled "Greece at the Crossroads: Will reforms bring competitiveness and Investments?" organised by the International Herald Tribune.

"We are exercising a foreign policy of open horizons, we have interests in the broader region of the Eastern Mediterranean and the Black Sea, we are present when it comes to tackling the great issues that concern humanity, such as climate change, fighting terrorism and energy security," Droutsas told the conference.

Among others, he pointed out, Greece would soon take over the presidency of the Black Sea Economic Cooperation pact and was currently chairing the Contact Group on Piracy off the Somalia coast.

As a part of this policy of initiatives, Droutsas highlighted both the meeting between Prime Minister George Papandreou and Former Yugoslav Republic of Macedonia premier Nikola Gruevski two days earlier in Brussels, as well as his own upcoming visit to Turkey on March 30.