Factsheet: Investment incentives law

Investment incentives law

Key Information

Country/Region:

European Union›GREECE (ΕΛΛΑΔΑ)

Description:

Promotion of economic growth in Greece by introducing an investment aid scheme to boost entrepreneurship, technological development, the competitiveness of enterprises and regional cohesion and promote the "green economy", the efficient functioning of existing infrastructures and the deployment of the country’s human resources. RES projects are eligible for support under the new investment law if certain conditions are met.

Goal/Aim:

investment support

Type (and subtype) :

Sector/Topic targeted:

Status:

Ended

Impact on regional bioeconomy objectives

Fostering effective governance and involvement of the society:

Not Relevant

Building a strong research, development and innovation base:

Not Relevant

Enhancing the creation of jobs and ensuring availability of required skills:

Not Relevant

Building competitive biobased industries:

Not Relevant

Creating a reliable and enabling policy setting:

Not Relevant

Address the (multilevel) cooperations needed to start biobased businesses:

Not Relevant

Creating an attractive environment including infrastructure:

Not Relevant

Availability of financial resources:

Not Relevant

Learning from the strategies/actions of other regions, clusters,...:

Not Relevant

Fostering the development of strong biobased markets:

Not Relevant

Contact References

Full name of Instrument & Measure (English):

Law No. 3908/2011 - New Investment Incentives Law - Aid for Private Investments to Promote Economic Growth, Entrepreneurship and Regional Cohesion. The law is revised in 2013, the current framework is Law 4146/2013.

Full name of Instrument & Measure (native language):

Ενίσχυση Ιδιωτικών Επενδύσεων για την Οικονομική Ανάπτυξη, την Επιχειρηματικότητα και την Περιφερειακή Συνοχή.

Links:

http://www.res-legal.eu/search-by-country/greece/single/s/res-e/t/promotion/aid/...

http://www.investingreece.gov.gr/default.asp?pid=87&la=3

http://www.mindev.gov.gr/wp-content/uploads/2011/03/NEW-INVESTMENT-INCENTIVES-LA...

Responsible Authority:

Ministry of Development, Competiveness , Infrastructure, Transport and Networks (YPOIAN)

Contact of Responsible Authority:

http://www.mindev.gov.gr/ http://www.investingreece.gov.gr/

Completed by:

VITO

Completed on:

March, 2014

Acknowledgement:

RES-LEGAL

Advanced Information

Feedstock type targeted:

Product type targeted:

Value Chain:

Conversion / transformation / processing

Year Instrument & Measure Started:

2011

Year Last Instrument & Measure was last Amended:

2013

Year Instrument & Measure Ended: