Greece improved its ranking in the World Bank's report title "Doing Business 2015, Going Beyond Efficiency," released on October 29. The report said that Greece ranked 61st in terms of engaging in business activity, from 65th in the 2014 report, among 189 countries in total. The report noted that a total of 21 reforms were implemented, facilitating business activity in the period 2013-2014.

A key factor in improving Greece’s position is the reduction in bureaucratic requirements and in the cost of starting a business, mainly thanks to the introduction of the "One-Stop Shop" service, as well as the decrease in starting capital requirements and the introduction of private capital companies, known as one-euro companies.

Greece has climbed 48 spots since the 2010 report, according to the Doing Business 2015 chart, but it still has some way to go in terms of making entrepreneurship easier as the country ranks near the bottom among European Union member states.

See also Greek News Agenda: Greece Improves its Position in World Bank Business Report