Deserting businesses

At a time when Prime Minister Antonis Samaras and his coalition government are waging a tough battle in a bid to attract foreign funds to Greece, some major Greek companies are choosing to move their business out of the debt-laden country.

Viohalco Hellenic Copper and Aluminum Industry yesterday reported that it is moving its headquarters from Greece to Brussels, thereby becoming the third big Greek firm to emigrate in the last year.

Sure, doing business here can be a daunting task these days, but now that the threat of a euro exit has all but disappeared and as the national economy is finally showing signs of improvement, choosing to leave the country undermines efforts for a return to stability and growth.

The Greek business class, which was spoiled by the state-dependent economy for years, ought to be acting with more resilience, more responsibility and more patriotism at this very difficult time for the country.

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