Monday 13 September 2010

(DIS) Invest in Greece...

Why?

Because the government and administration of this country, do not want you to operate in Greece. They tell you so, but you aren't taking the hint!

You ARE however invited to consider the country, so do come and visit us and join us; we will throw a huge party for the event. We like parties...

We like parties, and you are a most welcome justification for a few extra do's...


Back to (dis)investing. In case you have not got the message, this is the way it goes: this man, Geoffrey "Yiorgos" Papandreou, currently Prime Minister of Greece, invites you to

invest in Greece. You are welcome and you can qualify for incentives (poor) if you do invest undefined, "large", sums of money.

On the other hand, THIS man, Something Chrisohoidis, now minister of commerce etc, tells you that certain multinationals' way of operating in Greece and their high pricing tactics, will not be tolerated.

"I.e., we'll raid them and fine them a few pennies each time"! Carrefour, a french hyper market chain, was fined Euro: 13.5 mill for having identical pricing in its outlets...!!! Accordingly, Fnac, the french non-food chain and Aldi, a German, packed their bags.

So: Which man's advice do you go for?

Geoff 's or Something's?

Your call!

(Bulgaria has 10% standard tax rate for investors. Cyprus 7%. Greece 33%)

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