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Politics

Greek Development Minister Announces More Measures to Cut Red Tape

September 19, 2024

ATHENS – Despite progress in recent years on some fronts, economic development and the quality of life of citizens in Greece is still hobbled by excessive and often incompetent bureaucracy. On September 17, Greece’s Development Minister Takis Theodorikakos announced the latest initiative to combat the plague of red tape. “If we want to increase wages we must produce and be competitive,” he told SKAI radio according to ANA/MPA.

He emphasized, that supporting Greek industry was “the only way forward,” the article adding that Theodorikakos announced plans to reduce bureaucracy in at least 15 processes relating to industry… In this context, he announced that decisions will be made in the next two months for handing out 170 million euros for strategic investments that will create thousands of jobs.”

Theodorikakos said that he will be soon be visiting business parks in northern Greece and that the ministry is financing the creation and upgrading of existing industrial parks.

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