Scribd Logo
Upload

Welcome to Scribd!

  • Investments in Hellas

    Uploaded by

    lotionweek8
    8 views2 pages
    The absence of codification of Greece's lawful structure frequently includes a significant worry; prolonged treatments built barriers to access and, much more significantly, acquiring or prolonging permits or licences, as well as too much reporting responsibilities stifle business. Furthermore, affordable methods to shield intellectual home civil liberties are doing not have. In 2010, the World Bank's "Ease of Doing Business" record ranked Greece 109th out of 183 countries, much below any sort of other eurozone economic climate (with Italy the 2nd least expensive at 78th). As the European Commission put it at the time, "the company atmosphere struggles with hurdles to beginning a company, the little security offered to capitalists and the difficulty to gain access to finance.". In 2013, according to the World Bank's "Doing Business" report, Greece rose to 78th place. Entrance barriers are still extremely higher for brand-new firms in Greece, its position is much listed below average with regard to "beginning a company" (146th place) "imposing deals" (78th) and-- even with some enhancements-- with respect to "protecting investors" (117th), thus hindering innovators and capitalists who are seeking to commercialize their ideas and intellectual property through brand-new businesses endeavors in Greece. In this context, it has to be stressed that it was crucial for the future advancement of the Greek economic situation that the current and the previous two federal governments passed reforms on the company and administrative setting and on the opening of particular closed-shop careers with parliament. It must be clear that there is no room for complacency: without constant enhancement in the company setting, Greek financiers, analysts and business owners will continue to leave or remain abroad. If they desire the launched reforms to end up being efficient and if they aim to utilize the business abilities of their fellow Greek citizens in a much better method, Greek authorities require to accomplish this process. This means that they have to develop a company climate that is conducive to innovation, financial investment and entrepreneurship, specifically by reducing regulatory troubles. This additionally suggests that the Greek government not just needs to pass the relevant laws through assemblage however additionally to establish an implementation approach to make the rules efficient in day-to-day business. As an example, administrative initiatives for starting, shutting and continuing down business activities should be substantially minimized. This must feature decreasing the variety of days needed to sign up a business, the lot of administrative actions, as well as the number of rules, costs and stating duties. As a benchmark, Greece should aim to implement long-lasting business registration (without regular renewal) within someday. To become a fast and efficient public administration, Greece needs to implement state-of-the fine art online e-administration for all common businesses, (e.g. registering on-line new businesses, tax statements, etc, each within one hour). Bluntly talking, as an alternative of unwinding on the enhancements made from place 109 to 78, Greece should concentrate on turneding into one of the leading 25 economies on the planet Bank index when it comes to ease of working, simply as a few various other European countries-- most lately the Former Yugoslav Republic of Macedonia-- did well in doing, with initial excellences becoming apparent. Get more facts on coca cola θεσσαλονίκη

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The absence of codification of Greece's lawful structure frequently includes a significant worry; prolonged treatments built barriers to access and, much more significantly, acquiring or prolonging permits or licences, as well as too much reporting responsibilities stifle business. Furthermore, affordable methods to shield intellectual home civil liberties are doing not have. In 2010, the World Bank's "Ease of Doing Business" record ranked Greece 109th out of 183 countries, much below any sort of other eurozone economic climate (with Italy the 2nd least expensive at 78th). As the European Commission put it at the time, "the company atmosphere struggles with hurdles to beginning a company, the little security offered to capitalists and the difficulty to gain access to finance.". In 2013, according to the World Bank's "Doing Business" report, Greece rose to 78th place. Entrance barriers are still extremely higher for brand-new firms in Greece, its position is much listed below average with regard to "beginning a company" (146th place) "imposing deals" (78th) and-- even with some enhancements-- with respect to "protecting investors" (117th), thus hindering innovators and capitalists who are seeking to commercialize their ideas and intellectual property through brand-new businesses endeavors in Greece. In this context, it has to be stressed that it was crucial for the future advancement of the Greek economic situation that the current and the previous two federal governments passed reforms on the company and administrative setting and on the opening of particular closed-shop careers with parliament. It must be clear that there is no room for complacency: without constant enhancement in the company setting, Greek financiers, analysts and business owners will continue to leave or remain abroad. If they desire the launched reforms to end up being efficient and if they aim to utilize the business abilities of their fellow Greek citizens in a much better method, Greek authorities require to accomplish this process. This means that they have to develop a company climate that is conducive to innovation, financial investment and entrepreneurship, specifically by reducing regulatory troubles. This additionally suggests that the Greek government not just needs to pass the relevant laws through assemblage however additionally to establish an implementation approach to make the rules efficient in day-to-day business. As an example, administrative initiatives for starting, shutting and continuing down business activities should be substantially minimized. This must feature decreasing the variety of days needed to sign up a business, the lot of administrative actions, as well as the number of rules, costs and stating duties. As a benchmark, Greece should aim to implement long-lasting business registration (without regular renewal) within someday. To become a fast and efficient public administration, Greece needs to implement state-of-the fine art online e-administration for all common businesses, (e.g. registering on-line new businesses, tax statements, etc, each within one hour). Bluntly talking, as an alternative of unwinding on the enhancements made from place 109 to 78, Greece should concentrate on turneding into one of the leading 25 economies on the planet Bank index when it comes to ease of working, simply as a few various other European countries-- most lately the Former Yugoslav Republic of Macedonia-- did well in doing, with initial excellences becoming apparent. Get more facts on coca cola θεσσαλονίκη

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views2 pages

    Investments in Hellas

    Uploaded by

    lotionweek8
    The absence of codification of Greece's lawful structure frequently includes a significant worry; prolonged treatments built barriers to access and, much more significantly, acquiring or prolonging permits or licences, as well as too much reporting responsibilities stifle business. Furthermore, affordable methods to shield intellectual home civil liberties are doing not have. In 2010, the World Bank's "Ease of Doing Business" record ranked Greece 109th out of 183 countries, much below any sort of other eurozone economic climate (with Italy the 2nd least expensive at 78th). As the European Commission put it at the time, "the company atmosphere struggles with hurdles to beginning a company, the little security offered to capitalists and the difficulty to gain access to finance.". In 2013, according to the World Bank's "Doing Business" report, Greece rose to 78th place. Entrance barriers are still extremely higher for brand-new firms in Greece, its position is much listed below average with regard to "beginning a company" (146th place) "imposing deals" (78th) and-- even with some enhancements-- with respect to "protecting investors" (117th), thus hindering innovators and capitalists who are seeking to commercialize their ideas and intellectual property through brand-new businesses endeavors in Greece. In this context, it has to be stressed that it was crucial for the future advancement of the Greek economic situation that the current and the previous two federal governments passed reforms on the company and administrative setting and on the opening of particular closed-shop careers with parliament. It must be clear that there is no room for complacency: without constant enhancement in the company setting, Greek financiers, analysts and business owners will continue to leave or remain abroad. If they desire the launched reforms to end up being efficient and if they aim to utilize the business abilities of their fellow Greek citizens in a much better method, Greek authorities require to accomplish this process. This means that they have to develop a company climate that is conducive to innovation, financial investment and entrepreneurship, specifically by reducing regulatory troubles. This additionally suggests that the Greek government not just needs to pass the relevant laws through assemblage however additionally to establish an implementation approach to make the rules efficient in day-to-day business. As an example, administrative initiatives for starting, shutting and continuing down business activities should be substantially minimized. This must feature decreasing the variety of days needed to sign up a business, the lot of administrative actions, as well as the number of rules, costs and stating duties. As a benchmark, Greece should aim to implement long-lasting business registration (without regular renewal) within someday. To become a fast and efficient public administration, Greece needs to implement state-of-the fine art online e-administration for all common businesses, (e.g. registering on-line new businesses, tax statements, etc, each within one hour). Bluntly talking, as an alternative of unwinding on the enhancements made from place 109 to 78, Greece should concentrate on turneding into one of the leading 25 economies on the planet Bank index when it comes to ease of working, simply as a few various other European countries-- most lately the Former Yugoslav Republic of Macedonia-- did well in doing, with initial excellences becoming apparent. Get more facts on coca cola θεσσαλονίκη

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Investments in Hellas

    Most of them do not have resources since the setting for advancement and financial investments was in a bad form before the economic dilemma and still is despite initial reform initiatives. For example, the absence of codification of Greece's legal framework usually includes a significant problem; time-consuming treatments erect obstacles to entry and, more importantly, acquiring or prolonging permits or permits, along with extreme reporting duties stifle company. Moreover, cost-effective means to shield intellectual property rights are doing not have. In 2010, the World Bank's "Ease of Doing Business" record placed Greece 109th out of 183 nations, much below other eurozone economy (with Italy the second most affordable at 78th). As the European Commission placed it at the time, "the business atmosphere endures from hurdles to starting a business, the little protection given to capitalists and the trouble to accessibility finance.". Some advances have been stated over the last two years. In 2013, according to the World Bank's "Doing Business" report, Greece rose to 78th location. Several of the current improvements noted were in the adhering to categories: securing investors, paying tax obligations, trading throughout borders and dealing with insolvency. Entrance barriers are still quite higher for new firms in Greece, its position is much below average with regard to "starting a business" (146th place) "enforcing agreements" (78th) and-- even with some improvements-- with regard to "shielding capitalists" (117th), thus impeding innovators and investors that are looking for to advertise their concepts and intellectual residential property via brand-new businesses ventures in Greece. In this context, it has to be emphasized that it was essential for the future development of the Greek economy that the existing and the previous 2 governments passed reforms on the company and administrative setting and on the opening of certain closed-shop professions through parliament. It must be clear that there is no area for complacency: without continual enhancement in the business environment, Greek capitalists, researchers and business owners will continue to leave or stay abroad. If they desire the initiated reforms to end up being effective and if they aim to utilize the business abilities of their fellow Greek citizens in a better method, Greek authorities require to complete this process. This means that they have to develop a business climate that contributes to entrepreneurship, investment and innovation, specifically by minimizing regulatory concerns. This also indicates that the Greek government not just needs to pass the appropriate laws with parliament but likewise to create an application technique to make the laws effective in daily company. For instance, management initiatives for beginning, continuing and shutting down entrepreneurial activities have to be significantly lessened. This must include lowering the lot

    of days needed to register a business, the lot of administrative actions, along with the variety of policies, fees and stating obligations. As a benchmark, Greece should intend to carry out irreversible business registration (without normal renewal) within someday. To become a rapid and reliable public management, Greece needs to apply state-of-the fine art online e-administration for all common companies, (e.g. registering online brand-new businesses, tax statements, etc, each within one hour). Candidly speaking, rather than loosening up on the renovations made from area 109 to 78, Greece needs to concentrate on coming to be one of the top 25 economic climates in the World Bank index when it comes to ease of working, equally a number of other European countries-- most just recently the Former Yugoslav Republic of Macedonia-- prospered in doing, with very first successes becoming evident. 3 news

    You might also like