clear is that these “prerequisites” translate into
the creation of a friendly investment climate (sta-
ble tax regime, reduction of red tape etc.) and the
adoption of clear rules (e.g. zoning rules). That
said, the government has also been adamant that
under no circumstances will the effort to attract
investment be tantamount to an offering of “earth
and water” to potential investors.
Sustainability and safeguarding the public interest
should be the main concerns.
Thus, the Ministry of Tourism has been promoting
T
his statement does not come from a
Greek minister, or any other senior gov-
ernment official who tries to attract for-
eign capital, but from the secretary general of the
UN World Tourism Organisation (UNWTO), Taleb
Rifai. Obviously, the above statement creates a
positive sentiment towards Greece as an invest-
ment location; however, there are some prerequi-
sites, first and foremost being the need to speed
up structural change.
What the Greek government has been making
Trade with Greece
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