We try to reduce the investment approval time to six months

8 November 2015
130 Views

Deputy Foreign Minister responsible for international economic affairs Dimitris Mardas talked about Greek government’s efforts to limit bureaucracy in licensing investments at the 9th Multi-Conference: “Innovation and Development” organized by the ka-business.gr.

“It is not possible a foreign investor to wait from one to four years to get his investment approved”, he said adding that “We seek, this year to reduce it [investment approval time] to six months, probably up to six months. And those six months – considering that other countries approve investments in a month or two- are still a long time for someone to wait. But, let’s achieve first the six-month goal and then we can try to achieve a better time”.

“Our first aim is to limit bureaucracy,” Mr. Mardas said noting that all international institutions consider that the most decisive factor for attracting investments.

You may be interested

A Greek & a Cypriot on POLITICO’s list of the 28 most influential EU personalities for 2018
FINANCE
shares53 views
FINANCE
shares53 views

A Greek & a Cypriot on POLITICO’s list of the 28 most influential EU personalities for 2018

makis - Dec 15, 2017

One of the two names is more than well-known both in Greece and around Europe as it belongs to the…

Tito’s granddaughter sides with Greece against FYROM
POLITICS
shares123 views
POLITICS
shares123 views

Tito’s granddaughter sides with Greece against FYROM

makis - Dec 15, 2017

“Although my grandfather, Josip Broz Tito, ‘gave’ the name ‘Macedonia’ to one of the six constituent republics of Yugoslavia, it…

Education Minister Gavroglou opens a window for election of the Islamic mufti in Komotini
GREECE
shares63 views
GREECE
shares63 views

Education Minister Gavroglou opens a window for election of the Islamic mufti in Komotini

makis - Dec 15, 2017

A few days after the visit of Turkish President Recep Tayyip Erdogan to Greece, the Minister of Education, Kostas Gavroglou…

Leave a Comment

Your email address will not be published.