Discouraging distinction


A new report by the Organization for Economic Cooperation and Development (OECD) illustrates with complete clarity why Greece is not about to turn a corner and get back on track to growth anytime soon.

Greece is the only one of the international organization’s 35 member-states that increased the taxes paid by businesses in 2015.

This fact alone shows just how wrongheaded the government’s handling of business and entrepreneurship is and how difficult it is and will continue to be to attract investors.

The simple truth is that the big players on the international investment circuit look at Greece in comparison to the rest of the world and are very much aware that other than the taxes it charges, this is a country that will make life difficult for anyone who is thinking about putting their money here.