In particular, the EU funds programmed to be disbursed to Greece for the period 2014 to 2020 amount to € billion, or 20% of Greece’s 2016 GDP. Fourth, Greece is both a European Union and a euro area member state. Hence, enterprises located in Greece enjoy the benefits of currency and price stability and have access to the EU Single Market.
They face a stable institutional environment, enjoy investor protection, and have access to a sound banking system which is under the oversight of the European Central Bank. Fifth, there are several non-price competitiveness features that make Greece an attractive place to invest. Greece has a highly skilled human capital by international standards.