Investors want continuity
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.