There has been extensive discussion in this blog about foreign investment. Of late, the discussion has focused on the question whether foreign investment is a rip-off of the country or a benefit for it. One case in point has been the Trainose deal where - in the opinion of some - immense value of the Greek nation was given away to an Italian investor for a song, i. e for 54 MEUR.
The Ekathimerini now reports that this give-away deal may not come to fruition after all. Allegedly, the Greek government has neglected to amend to ministerial decision for the transaction in accordance with the agreement between the two parties upon signing.
If that is true, it certainly brings to mind the not too distant episode where the government tried to pull a fast one on Cosco only to be caught in the act by the Chinese investor.
"How can Greece attract foreign investors?" is a question very frequently asked. The much easier to be answered question is "How to scare foreign investors away?"