FollowGermany’s economy minister, Philipp Rösler, arrived in Athens on Thursday with businessmen, entrepreneurs, financiers and green energy experts in what was billed as a potentially groundbreaking visit to draw badly needed investment into the debt-stricken country.
The prospect of German business reviving Greece’s economy might have seemed far-fetched not long ago: at 109 in the World Bank’s “ease of doing business” index, the nation ranks below Bangladesh, Ethiopia and Yemen. Foreign direct investment in the country was on a par with that of Libya before the outbreak of war.
