|
|
|
Athens News Agency: News in English, 05-06-08
CONTENTS
[01] Stylianidis addresses event on Balkan economic, political
development
[01] Stylianidis addresses event on Balkan economic, political
development
Deputy Foreign Minister Evripidis Stylianidis on Wednesday reiterated
Athens' commitment to the robust economic development and overall
stability of the entire Balkan region, speaking at a one-day seminar
entitled "Building the Balkans Together With Our Neighbours".
Among others, Stylianidis cited what he called a tremendous increase in
bilateral trade and Foreign Direct Investments (FDI) by Greek firms in
every Balkan state, which he put at more than eight billion euros.
Conversely, the Greek minister said the primary problems encountered by
Greek firms -- both public and private -- in neighbouring countries
include red tape, corruption, a sluggish justice system, unexecuted
court rulings and an often deficient legal framework, along with a lack
of transparency in certain tendering procedures.
However, Stylianidis emphasised that the investment and business
climate in the Balkans has dramatically improved over recent years.
The event was sponsored by the Knowsys company.
|
