In­vestors want con­ti­nu­ity

Kathimerini English - - Front Page -

Greece can achieve great things, as long as we work hard and man­age to main­tain a ba­sic de­gree of po­lit­i­cal sta­bil­ity. Re­ports yes­ter­day that the group de­vel­op­ing Azer­bai­jan’s vast gas re­serves had cho­sen the Trans Adri­atic Pipe­line (TAP) to trans­port the fuel to Europe via Greece, as well as about Cosco’s in­ter­est in ex­pand­ing its pres­ence at Pi­raeus, the coun­try’s big­gest port, in­di­cate that we have a lot to look for­ward to in terms of growth and de­vel­op­ment. How­ever, re­gard­less of size, ev­ery in­vestor has some min­i­mum ex­pec­ta­tions: They want to see con­ti­nu­ity in terms of ad­min­is­tra­tion, no mat­ter who is at the helm of the coun­try. They hate to think they might have to put up with a new ad­min­is­tra­tion that would all of a sud­den seek to raise taxes or nationalize their in­vest­ments. Th­ese are only nat­u­ral ex­pec­ta­tions for any­one who is in­ter­ested in in­vest­ing in Greece. By con­trast, it would make no sense for them to wnat to put their money into a coun­try where un­pre­dictabil­ity is the rule.

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