British CFOs 'would rather invest in Syria than Greece'

on 29/10/2012 15:30:22

The world's markets may believe that the worst of the financial crisis in Europe is over, but UK business leaders are not breathing any easier, according to a survey.

The poll of finance directors from British global business consultancy BDO finds that the crisis over too much government debt in Europe remains one of their key concerns - and they consider Greece a riskier place to invest and set up business in than war-torn Syria.

Only Iran and Iraq are considered more risky than Greece, which also struggles to convince its international creditors that it deserves bailout loans to avoid bankruptcy and a possible euro exit.

BDO surveyed 1,000 CFOs from medium-sized companies currently planning foreign investment.