Investment Facilitation & Financing
Transforming Greece into an attractive investment destination is key to increasing productivity, and SEV works systematically to develop and promote proposals in this direction. Priorities include the adoption of improved, user-friendly, and flexible investment incentives and tools, without excessive bureaucratic procedures and unnecessary regulatory burdens.
- Functional and effective investment incentives: Improvement of existing investment incentives and adoption of new ones capable of serving the contemporary needs of businesses for their digital and green transformation, innovation, industrial modernisation and the broadening of Greek businesses’ participation in international value chains.
- Removal of disincentives: Elimination of obstacles that hinder investment activity, with emphasis on administrative reform, the digitalisation and automation of procedures, legal certainty and the acceleration of the administration of justice.
- Creating a competitive tax framework: Reduction or abolition of disproportionate tax burdens, contributions or levies.
- Strengthening the capital market: Increasing the liquidity and depth of the capital market with a view to convergence with the objective of creating a Single European Capital Market, in order to support the investment needs of businesses.
- Competitive financing: Access to financing on terms competitive at European level for the development of both medium-sized and larger businesses, as well as new, smaller and innovative ventures.
- Facilitating growth: Incentives for mergers and acquisitions to support the scaling up of SMEs and the creation of larger, more competitive and more innovative mid-sized businesses.
- Improvement of the procedures under the Development Law to establish it as the primary tool for financing productive investments.
- Redefinition of the Strategic and Flagship Investments Regime, so that it applies exclusively to very large-scale investments with a catalytic impact on the productive upgrading, extroversion and structural development of the Greek economy.
- Maximising the development outcomes of the European Recovery Fund and the available ESPA 2021–2027 resources, through targeted investments with a significant development footprint, with emphasis on the green and digital transition, the upgrading of infrastructure networks, the modernisation of the healthcare sector, the cultivation of new skills, the scaling up of SMEs and the promotion of strategic sectors of the Greek economy.
- Removal of bureaucratic obstacles and simplification of licensing: establishment of a central licensing authority, single licences, binding adherence to timelines by public authorities, and acceleration of bureaucratic and judicial procedures.
Investments & Taxation Committee: The Committee contributes to shaping proposed tax interventions to create a competitive tax environment, such as developing attractive tax and investment incentives, eliminating bureaucracy, and simplifying investment licensing and tax procedures.
