Greece remains a laggard in attracting foreign direct investment despite a 123 percent increase in 2016 compared to the year before, according to the latest annual report by Ernst & Young.
Among the 44 European countries surveyed for FDI attractiveness, Greece ranked 34th in the number of FDI projects and 35th in the number of jobs created.
Poul Thomsen, the IMF’s Director of the European Department towed the line of German Finance Minister Wolfgang Schauble after the completion of the EuroGroup, late Monday, stressing that even though the measures passed by the Greek government were sufficient, a reliable program was necessary for a debt relief. Speaking to reporters in Brussels, Mr.
After representatives of Greece's international creditors failed to hammer out a deal on bailout funding and debt relief in Brussels, Poul Thomsen of the International Monetary Fund told reporters on Monday that measures legislated by the Greek parliament are "strong" but more needs to be done before the IMF comes on board.