ECONOMY

The ?riskiest country to invest in?

Development Minister Michalis Chrysochoidis tried this week to woo Danish investors, even as banking giant Credit Suisse suggested that Greece is the most dangerous country for investment.

The list of countries with the highest risk for investment has Greece on top with 56.7 points, followed by Portugal with 54.5, Iceland with 53.8 and Ireland with 49.6. Turkey is 15th with 36.7 points.

The Swiss bank examined data from 50 countries around the world, taking into account current account balances, state budgets, debt and other factors, according to the lender?s web page.

Despite the bad publicity for Greece, Chrysochoidis tried to attract Danish investment during his visit to Copenhagen on Tuesday. Addressing the European Business Day conference in the Danish capital, the Greek minister said that ?the economy adjustment program aims at returning clear results in the sectors of competitiveness and growth in Greece.? Denmark will assume the rotating presidency of the European Union next month.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.