Q & A
Tassos Symeonides
(RIEAS Academic Advisor)
Copyright: Research Institute for European and American Studies (www.rieas.gr) Publication date: 13 October 2019
Note: The article reflects the opinion of the author and not necessarily the views of the Research Institute for European and American Studies (RIEAS
Ever since his electoral victory last July PM Mitsotakis misses no opportunity to extend invitations to foreign investors to bring their money to Greece. In view of the country’s severe complications after the 2010 default, and the lingering impact of EU-imposed austerity, what should be of concern to foreign investors who might be “thinking Greek?”
Investors in general seek environments with at least three key qualities: (a) A free market with minimum interference from governments (b) legal and tax stability, and (c) a reasonably trained and educated workforce. If these three variables can be reasonably guaranteed, plans for investment may go ahead. It is the juggling and risk-inclined type who would ignore misgivings about any of these three factors in making investment decisions; the rest of less risk-prone investors will stay away. ...Read more