ECONOMY

Athens the least desirable EU city for business

The Greek capital is the worst city in Europe in which to do business, with Athens getting a particularly low score regarding how easily companies can access markets and businesspeople can get about town, according to the results of survey made public yesterday. Put together by real estate brokers Cushman & Wakefield, the survey showed that Athens fell two places to position No 36, last place, this year. In 1990, the Greek capital came No 22 out of a total of 25 European cities. The survey asked companies to rate cities based on the ease of access to markets and customers, the availability of qualified staff and quality of telecommunications and transport links. The only score that put Athens in the top 10 European cities, in position No 8 from 11th place in 2009, was regarding the cost of staff. London topped the list of European cities followed by Paris, Frankfurt, Brussels and Barcelona, the brokerage said.