We try to reduce the investment approval time to six months

8 November 2015
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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.

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