Greek goods exports incur losses of 12.6 percent – which based on 2018 figures amounts to 4.21 billion euros – from delays in exporting procedures, according to a study by EY Greece for the Athens Chamber of Commerce and Industry (EBEA), ekathimerini.com reports.
Reducing red tape, as well as implementing a series of structural reforms in the exporting sector – so that the institutional framework can converge with the average level of the member-states of the European Union and the Organization for Economic Cooperation and Development – could see Greek exports rise by up to 33 percent and take their contribution to gross domestic product up to 5 percent.
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