7th Implementing a more focused policy for attracting foreign direct investment (FDI), by reducing the tax burden, improving public administration efficiency and removing major disincentives, such as bureaucracy, legislative and regulatory ambiguity, especially land use, delays in litigation, and remaining restrictions on capital movements. FDI is crucial as domestic savings are insufficient to cover the investment needs of the Greek economy.
In addition to 4/8  BIS central bankers' speeches  helping to reduce the investment gap, FDI promotes closer trade links with countries and companies with state-of-the-art technologies and facilitates participation in global value chains. This would increase extroversion and improve both the quantity and quality of Greek exports (see Kinoshita, 2011).