“With today’s press conference of the Ministry of Development & Investment, which presented the changes it promotes to attract and accelerate investment in the country, the government takes us back to the past,” the SYRIZA-PS Investments Department headlines in a statement today. Alexis Haritsis.
As he comments, “the Government’s repeated call to attract foreign direct investment, unfortunately, is not reflected in any index.” “On the contrary, what is noted in the recent annual report of FHW-GSEVEE, is that the stocks of Foreign Direct Investment in Greece for 2020 decreased by 15.7% after a very significant recovery that took place during the period 2015-2019” , points out.
“Despite the effort we made during the SYRIZA government to create a stable and clear institutional framework for investment, the current government is gradually moving towards its complete disintegration,” he said, referring to “changes promoted by the government.” and which “constitute the complete overhaul of the investment framework, the decoupling of investments from the National Development Strategy of the country, the abolition of environmental and urban conditions, the weakening of their monitoring and evaluation mechanisms”.
“What our country needs is sustainable, productive investments that upgrade the economy and are linked to the overall development strategy. But this requires a comprehensive plan and a structured incentive framework. Something that is completely absent from government planning,” he concludes.
SOURCE:
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
