Tax breaks and VAT-free trade areas can help to kick start the regional growth that Greece badly needs
AbstractWhile Greece’s recent elections have reassured the international markets for now, this confidence is likely to disappear once again if Greece does not undertake more reforms aimed at restarting growth. Dimitrios Thomakos argues that one of Greece’s major problems is the concentration of population around Athens. A targeted initiative of tax breaks for individuals and businesses in combination with the introduction of VAT-free trade areas may be able to encourage new businesses to start and encourage growth.
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Date of creation: 26 Jun 2012
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