Katainen: 'For Greek governments, restoring trust is essential'

"Trust is like oxygen - you notice it only when it is running out." This is the metaphor used by Jyrki Katainen, European Commission vice president for jobs, growth, investment and competitiveness, to underscore how important trust is for investors - when it comes to investing in a country like Greece.

"For the current and next Greek government restoring trust is essential," the former prime minister of Finland told Kathimerini in an interview urging officials to maintain the momentum of reforms and stick to the agreed measures.

"It is clear that the burden of taxes and social contributions on businesses and in particular low-income earners is higher in Greece than in other member-states, while the tax bases are relatively thin," Katainen said, stressing that a growth-oriented tax reform - which after all Athens has committed to - will make the country more...