CLEAN : Greek businesses find safe haven in Bulgaria from crisis

Over the past decade, Greek companies and individuals have increasingly moved their businesses to Bulgaria due to lower costs and taxes. The banking and payment systems in Bulgaria, partly owned by Greek institutions, have facilitated this migration. Since 2010, over 60,000 individual bank accounts have been opened, and around 4,000 companies have relocated. This trend accelerated recently, with no negative impact on the region's image. International markets view Greece as problematic but not its neighbors.

What are some reasons Greek businesses find Bulgaria attractive?

• Unstable economy

• Higher taxes

• Complex payment systems

• Cheaper business costs

When did the migration of Greek bank accounts to Bulgaria begin?

• 2005

• 2010

• 2020

• 2015

Approximately how many individual bank accounts have been opened in Bulgaria by Greeks since 2010?

• 60,000

• 30,000

• 100,000

• 10,000

How many Greek companies have migrated to Bulgaria in the last four years?

• 3,000

• 1,000

• 2,000

• 4,000

How do international markets view Greece compared to its neighbors?

• Greece and its neighbors are both seen as problematic

• Neither Greece nor its neighbors are seen as problematic

• Greece is seen as a problem, but not its neighbors

• Only the neighbors are seen as problematic