Legal Safeguards of Foreign Investments Alexandros Lykourezos Lykourezos Law Offices Economist Conference 12 th Roundtable with the Government of Greece.

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Presentation transcript:

Legal Safeguards of Foreign Investments Alexandros Lykourezos Lykourezos Law Offices Economist Conference 12 th Roundtable with the Government of Greece Athens, April 10 th, 2008

Location Greece’s Strategic Position E.U. Member State – Neighbor to the Middle East E.U. Member State – Neighbor to the Middle East Leading Market in Southeast Europe Leading Market in Southeast Europe Traditional Ties with the Middle East Traditional Ties with the Middle East A Hub for Foreign Investment A Hub for Foreign Investment

Business Opportunities in Greece Tourism Tourism Services Services Light Industry Light Industry Energy Energy Public Works Public Works Real Estate Real Estate

The Safeguards of Foreign Investment Political Stability Political Stability Economic Growth Economic Growth Proper Legal Framework Proper Legal Framework

The Legal Barriers of Investment Attraction Complicated Legal Framework Complicated Legal Framework Delayed Access to Justice Delayed Access to Justice Bureaucracy Bureaucracy Tax Uncertainty Tax Uncertainty

The Greek Legal Framework Creating a Competitive Market Modern Corporate Structures Modern Corporate Structures Taxation Taxation Minimizing Bureaucracy Minimizing Bureaucracy Expediting Legal Proceedings Expediting Legal Proceedings Implementation of E.U. Legislation Implementation of E.U. Legislation Improving Financial Markets Improving Financial Markets

Next Steps… Broadening the Market Broadening the Market Incentive Legislation Incentive Legislation Flexibility Flexibility International Expansion of Greek Enterprises International Expansion of Greek Enterprises Tax reforms Tax reforms

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