Likewise, attracted by the low labour costs and tax rates, many Greek firms relocated their plants, mainly textile, garment, shoe making plants as well as other light industries, from Northern Greece to Bulgaria, FYROM, Albania, i.e. they moved some 30 to 80 kilometres over the other side of the border.
A range of materials has been developed with the aim of making it easier for firms to engage with and commit to the Code. These materials are now available on the GFXC’s website and will be added to over time.5 If you are a buy-side firm with an active FX operation, then the Code very much applies to you.