International business

The National Assembly has unanimously endorsed a bill to extend a mechanism whereby the government can screen potentially risky foreign direct investment (FDI). However, investors from EU countries will now no longer be deemed foreign.

Treasury and Finance Minister Nureddin Nebati has slammed the leader of the main opposition party over his comments on the foreign direct investments (FDI), saying that FDI inflows into Türkiye soared in the past two decades.

Foreign direct investment (FDI) hit a 20-year high in 2022, reaching 7.22 billion euros, according to Bank of Greece data, but to a large extent this concerns takeovers or privatizations of already existing businesses, as well as the purchase of real estate.

The Slovenian government has indicated it will introduce new measures to curb temporary work, a popular practice, after chambermaids at a state-owned hotel chain protested against being outsourced and after criminal complaints were filed against two temping agencies.

Spirit Slovenia, the national business development agency, has been around in its current form for ten years. One of its main tasks is to attract foreign direct investment. Its director Rok Capl says it was successful in that last year despite a challenging international environment.

The Presidential Investment Office and global professional services network PwC have prepared a guide for foreign investors. The guide offers 10 insights from taxes to incentives to grow a business in Turkey.

Ljubljana – The newspaper Delo warns in Saturday’s commentary against misinterpretation of macroeconomic indicators before election, noting that rather than boasting with figures politicians should offer solutions for the future.

The Turkish Central Bank will move its headquarters from Ankara to Istanbul this summer, according to an internal e-mail notice reported by the local media on Feb. 14. 

Last year, Central Bank Governor Şahap Kavcıoğlu told the media about plans to relocate the bank's units to the Istanbul Financial Center (IFC), which is still under construction, within 2022.

Ljubljana – The National Institute of Public Health (NIJZ) has decided to outsource some of the contact tracing to a private company, City Connect. The six-month deal is worth almost EUR 2.3 million, or EUR 1.86 million without VAT, the business newspaper Finance reported on Monday.

The picture that the global investment community has vis-a-vis the attractiveness of Greece as an investment destination has improved significantly.