Breakingviews - Greece’s reform labours are only half complete

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Breakingviews - Greece’s reform labours are only half complete
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From Breakingviews - Greece’s reform labours are only half complete

Greece’s large current account deficit and domestic corruption undermine its attraction as an investment destination. But it’s far from clear that Kyriakos Mitsotakis will do what’s needed to boost savings and improve the rule of law if re-elected as prime minister.

The issue, rather, is whether Greece will be able to attract investment in the quantities needed for it to fulfil its potential. This will require reforms which won’t be easy. What’s more, Mitsotakis has shown little desire to investigate why the phones of Greek politicians, journalists and other prominent figures were bugged with spyware called Predator. Mitsotakis says his government was not involved.

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