WB report points deteriorating position for Greece in ‘Doing Business 2019’ report

1 November 2018
102 Views

Thrice bailed-out Greece’s ranking in another international survey continued to lag far behind other European countries, falling behind Colombia, Kirghistan and Albania in the World Bank’s “Doing Business 2019” report.
Greece ranks 72nd in the report, out of 190 countries surveyed, falling five spots from the previous such report.

In the “Ease of Doing Business” category, the WB gives Greece 68 out of a possible 100 points, edging out Mongolia, Uzbekistan and Oman.

One consolation is that the building license process shows an improvement, with recent reforms making the process simpler and cheaper.

Conversely, a major deterioration is reported in the process to transfer a property, with more documentation needed and commensurate time.

As in previous WB surveys, top rankings are held by free market “havens” and tech-savvy New Zealand, Singapore, Denmark, Hong Kong and the Republic of Korea (ROK). Leading from the back are Sudan, Libya, Yemen, Venezuela, Eritrea and Somalia.

You may be interested

Tsitsipas beats Bautista Agut too, goes to the semifinals Australian Open! (videos)
SLIDE
shares23 views
SLIDE
shares23 views

Tsitsipas beats Bautista Agut too, goes to the semifinals Australian Open! (videos)

makis - Jan 22, 2019

The 21-year-old tennis player Stefanos Tsitsipas, after becoming the first Greek to enter the Top-100 in the world rankings, the…

“Wish Tree” on Greek island becomes Tourist attraction
GREECE
shares344 views
GREECE
shares344 views

“Wish Tree” on Greek island becomes Tourist attraction

Panos - Jan 22, 2019

The “wish tree” on the picturesque Antipaxos island in the Ionian Sea has become a tourist attraction, as every year…

Greek feta cheese’s “DNA” decoded
GREECE
shares31 views
GREECE
shares31 views

Greek feta cheese’s “DNA” decoded

Panos - Jan 22, 2019

If you like the famous Greek feta cheese, then this scientific piece of news may interest you. The researchers at…

Leave a Comment

Your email address will not be published.