305 new investment plans given approval for 2022

Greek Greece economy euros investment plans Greek development

A total of 305 new investment plans, part of the development law, have been approved and another step has been taken in order to achieve record investments in 2022, Minister of Development and Investment Adonis Georgiadis said on Thursday.

“Despite the adverse conditions of the pandemic, the Development and Investment Ministry is proceeding at a very fast pace and this is proved with the approval of 305 new investment plans, taking a step towards achieving the goal for a record investment in 2022,” Georgiadis stated.

On his part, Deputy Minister of Development and Investment Nikos Papathanasis said “the state is an ally to entrepreneurship and investment.”

“Through our ongoing reform initiatives we are cutting down on bureaucracy, we are supporting businesses, we are strengthening investment plans,” he continued.

“The new development law, which will be the first legislation of 2022, creates new perspectives in multiple areas of business activities,” he said, adding: “We are building the new investment environment in Greece with less involvement from the state and more confidence.”

READ MORE: Credit growth rate at a 12% in November.