Authors: Aristidis Bitzenis, Vasileios Vlachos, Panagiotis Mitrakos, Chrysanthi Tsimpida, Antonis Tsitouras

Title: Factors favoring FDI in Greece after the crisis: An exploration of 2018 survey data

Abstract

The level of FDI attracted by the Greek economy has been well below the average EU levels in terms of GDP. These levels need to be increased drastically for achieving sustainable recovery levels and for the successful completion of the economic adjustment program to signify the starting point of Greece’s post-crisis era. A survey made by the use of a questionnaire for the collection of primary data on the activity of multinationals in Greece reveals the advantages of the Greek economy. Non-parametric methods are used for investigating the attractiveness of the Greek market and the decision to invest.

Keywords: economic crisis; FDI; Greece; multinationals.

This paper is part of a research project titled “An Investigation of FDI Deterrents in Greece for the Formulation of a Realistic Reform Framework to Restart the Economy”. The project is co-funded by Greece and the European Union (European Social Fund) through the Operational Program “Human Resources Development, Education and Life Lifelong Learning 2014-2020”.