Article 4TTGM Greece feeds economic recovery with tax law to lure investors

Greece feeds economic recovery with tax law to lure investors

by
Helena Smith in Athens
from on (#4TTGM)

Mitsotakis government seeks foreign capital from new residents in prosperity drive

Not so long ago, the idea of Greece announcing tax relief measures to entice the global rich would have been regarded as a joke. With the EU's weakest economy and a leftist government that has been in power for just three months, the world's wealthy were keen to keep their distance.

But in a marked departure of policy, the centre-right administration led by Kyriakos Mitsotakis has offered an array of incentives to attract the rich.

Related: Greek PM announces fast-track reforms and red tape cuts

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