QUALITY IS OUR CORE PHILOSOPHY
- Categories:Industry News
- Time of issue:2019-07-09 17:33
Two surveys published at the 2nd InvestGR Forum in Athens on June 11th local time showed that investors hope to Before investing in economies with great potential, we saw a series of reforms and improvements in Greece.
Greece is likely to be an increasingly attractive investment destination, but due to the lack of a stable legal and regulatory framework and judicial delays, foreign direct investment cannot Develop its potential. According to data from the Greek bank, in 2018, foreign direct investment increased by 12.5% from 2017 to 3.6 billion euros, the third consecutive year of growth.
Economics professor George Pagulatos suggested at the InvestGR forum that a survey of 40 CEOs of Greek multinationals showed that foreign companies want to see before investing in Greece. Economic, social and political stability, investment-friendly taxation systems, faster judicial and arbitral procedures, faster licensing and less bureaucracy, use, attract and train human resources policies, and actively attract private investment in countries Structure, better infrastructure, encourage greater business planning and streamline the credit department.
A Metron technical analysis conducted on the same forum showed that 60% of CEOs of 35 multinational companies in Greece said their company may be further increase investment in Greece , up from 53% of the 2018 survey.
The most attractive industries for Greek investors are tourism, catering, education, primary industry, energy, health services, transportation and real estate.
However, there are several factors in the Greek economy continue to hamper attracting investment, and the most important ones from the CEO's negative evaluations are: administrative and tax frameworks, awareness of corruption, speed of judicial execution, and limited research and development.