Competition

Tax borders to close for Greeks

The Finance Ministry is attempting to make the country's tax borders less porous for Greeks through a legislative intervention and the exchange of information with cooperating states, in a bid to put an end to the phenomenon of enterprises and professionals establishing themselves as residents of countries with lower tax rates, as well as to put pressure on businesses that have already shifted

OECD'S recipe could help Greece stand out in key areas, says senior economist

Greece has broken every record with the speed of its fiscal adjustment and reforms, yet after three memorandums and six years, the competitiveness of its economy continues to lag behind some developing countries, according to Sean Ennis, senior economist at the Organization for Economic Cooperation and Development's Competition Division.

Greece rated as bad for business by World Economic Forum

Political instability, rampant bureaucracy and high tax rates are not only discouraging foreign investment to Greece, but are contributing to an ever- increasing brain drain, according to the World Economic Forum (WEF), which has ranked Greece in 86th place among 138 countries in its report, published Wednesday, on Global Competitiveness for 2016-17.

Maximum financial recovery and the future of the company both need to be considered

In Slovenia, there is a lot of talk about increasing the amount of foreign direct investments for which we need certain conditions to be fulfilled such as a stable, predictable and competitive business environment. What actions is your ministry taking to improve the competitiveness of our business environment?

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