ATHENS (Reuters) – Greece plans to set up “special economic zones” to attract private investment and help lift its debt-laden economy out of depression, the government said on Tuesday.
The zones would offer investors tax and administrative advantages. Athens is already in talks with the European Commission to get approval for the move, Development Minister Costis Hatzidakis told a news conference…
…Structural reforms such as wage cuts and liberalization of closed-shop professions loom large in an European Union/International Monetary Funds bailout plan to save the country from a chaotic bankruptcy and possible exit from the euro…
Maybe you should think about just lowering your tax and tariff rates and cutting your entitlement spending and union dependency…everywhere in Greece.
