You wouldn’t know it by the number of international firms, including major Information Technology companies already in the country or wanting to gain a foothold, but Greece has been rated the most vexing country in the world for businesses. That was the finding of the professional services firm TMF Group’s annual Global Business Complexity Index (GBCI) that looked at 79 countries making up 93% of global Gross Domestic Product (GDP) and 88% of net Foreign Direct Investment (FDI) flows. After comparing 292 indicators, from how long it takes to incorporate, open a bank account as well as taxes and visa rules, Greece took the top spot for complexity over employment law changes and averaging one new regulation a week, said FDI Intelligence.

Source: The National Herald