Scaring off investors

In his speech at the annual general meeting of the Federation of Hellenic Enterprises (SEV) on Monday, Prime Minister Alexis Tsipras put on a friendly face for entrepreneurship and the private sector. The problem is, most of his ministers and government officials do not have the same attitude.

Ministers holding sensitive posts refuse to meet with representatives of business sectors and are fighting big investments. The deep state, as it were, does all it can to make things hard for businesses and those who are interested in making investments in the country.

It is hard to deny that given its current make-up, the leftist-led government cannot possibly spur economic growth – whatever Tsipras may think on the issue.

Even if the government managed to reach a deal with the country’s foreign creditors, no sage investor would put his or her money in a country that has declared war on entrepreneurship.

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