Greece World Champion In Improving Business Environment
- by XpatAthens
- Thursday, 03 November 2022
Greece has become the top country in the world in improving the business environment over the last few years, a report by the Economist Intelligence Unit (EIU) found recently.
Compared with the fourth quarter of 2019, Greece’s business environment ranking (BER) increased by 16 places, the report says.
“This significant improvement reflects its poor starting point, given a long-delayed recovery from the government debt crisis that began in 2009, but also the impact of a pro-business majority government that has undertaken reforms, cut taxes, and restored confidence in the country,” the EIU adds.
Greek Prime Minister Kyriakos Mitsotakis hailed the report's findings, saying that it is very encouraging to see our efforts to reform the economy recognized.
The business environment in Greece was aided by “reforms, tax cuts
Chief economic adviser to the Prime Minister of Greece, Alexis Patelis said that the significant improvement reflects its poor starting point, but also the impact of a pro-business majority government that has undertaken reforms, cut taxes, and restored confidence in the country.
The EIU report says the most significant improvements over the past three years since before the ructions caused by the pandemic and the war in Ukraine, are in the business environments of Greece, Qatar, the US, and the UAE. The biggest deteriorations are in Latin America, the lowest-ranking region, as well as in Russia and Ukraine.
To read this article in full, please visit: greekreporter.com
Compared with the fourth quarter of 2019, Greece’s business environment ranking (BER) increased by 16 places, the report says.
“This significant improvement reflects its poor starting point, given a long-delayed recovery from the government debt crisis that began in 2009, but also the impact of a pro-business majority government that has undertaken reforms, cut taxes, and restored confidence in the country,” the EIU adds.
Greek Prime Minister Kyriakos Mitsotakis hailed the report's findings, saying that it is very encouraging to see our efforts to reform the economy recognized.
The business environment in Greece was aided by “reforms, tax cuts
Chief economic adviser to the Prime Minister of Greece, Alexis Patelis said that the significant improvement reflects its poor starting point, but also the impact of a pro-business majority government that has undertaken reforms, cut taxes, and restored confidence in the country.
The EIU report says the most significant improvements over the past three years since before the ructions caused by the pandemic and the war in Ukraine, are in the business environments of Greece, Qatar, the US, and the UAE. The biggest deteriorations are in Latin America, the lowest-ranking region, as well as in Russia and Ukraine.
To read this article in full, please visit: greekreporter.com