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Browse Profiles > Greece > Business Indicators

	Score	Rank
Standards Compliance Index	58.33 out of 100	15
Business Indicator Index	9.65 out of 12	31

Greece

Business Indicators

With an overall score of 9.65/12, Greece is at standard on the economic, legal, and political indicators that make up our Business Index. Greece is a market-based economy. In 2003, government consumption equaled 15.5 percent of GDP, and 0.34 percent of government revenues came from state-owned enterprises and government ownership of property. Greece welcomes foreign investment and offers equal incentives to foreign and domestic investors, but foreign investors are subject to some additional restrictions. Deterrents to investment include an inefficient bureaucracy and popular resistance to foreigners profiting from Greek assets. Although laws exist to protect property rights and contracts, the legal process is lengthy and may be subject to politicization. Corruption is an obstacle, as reflected in Greece's ranking of 54th out of 163 countries in Transparency International's 2006 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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