The Greek economy ministry has drafted a series of legislative measures aimed at improving the regulatory framework for investors, ANA reports.
These interventions are based on four axes:
- The restructuring and improvement of financial support offered to investors, an action designed to deal with adverse financial conditions prevailing in the business sector, protecting public interests and helping to foster economic growth in the country.
- Offering extra capabilities to complete mature investment plans included in previous investment laws, such as extending a deadline for financial spending made by December 30, 2018.
- Creating a new financial support regime with the structure of intermediate financial business risk organisation (Fund of Funds) jointly between the public and private sector.
- Further improving a regulatory framework for offering financial support to enterprises establishing activities in Greece through the creation of Business Services Centres/Shared Services Centre. There are around 150 foreign companies with established activities in Greece, some of them members of large multinational groups.
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