Development Law to Offer €650-Million in Subsidies to Greek Small Enterprises - The National Herald

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Economy

Development Law to Offer €650-Million in Subsidies to Greek Small Enterprises

May 18, 2020

By Athens News Agency

(Photo by Eurokinissi/ Yorgos Kontarinis)

Eurokinissi ΠΡΟΕΤΟΙΜΑΣΙΕΣ ΣΕ ΚΑΤΑΣΤΗΜΑΤΑ ΕΣΤΙΑΣΗΣ ΚΑΤΑΣΤΗΜΑ (Photo by Eurokinissi/ Yorgos Kontarinis) greek restaurant tables

ATHENS – A state development law will distribute 650 million euros through subsidies to all investment plans submitted by small and micro enterprises that come under a series of subsidy programme regimens, the development and investments ministry announced on Monday.

The ministry said that a "General Entrepreunership" regimen will distribute 210 million euros, the "Entrepreneurship of Very Small and Small Enterprises" will distribute 10 million euros and the "Machinery Equipment Support" regimen will distribute 150 million euros. This money will come either from national and European Community funds.

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