Greek Ministry of Finance

Greek Ministry of Finance Overview
The Greek Ministry of Finance monitors the various economic and financial affairs of the state of Greece. The Greek Ministry of Finance or the Ministry of Finance and Economy in Greece aims to transform the Greek economy to an active and competitive one.

Ministry of Finance and Economy in Greece Reforms
The Ministry of Finance and Economy in Greece has been applying some varied economic reforms. These plans are supposed to make the best use of the geographical location of Greece. The Ministry of Finance and Economy in Greece places great importance on building a free economy.

The economic plans, being devised by the Ministry of Finance and Economy in Greece, have been designed in accordance with such principles.
The various economic and financial rules, laid down by the Ministry of Finance and Economy in Greece, have a lot of clarity.

Greek Economy
The economy of Greece has been performing reasonably well for some time. The main credit of this economic well-being could be attributed to the Ministry of Finance and Economy in Greece.
The growth rate of the economy of the Greek economy has been better than before.

The economic reforms, implemented by the Ministry of Finance and Economy in Greece, has led to the foundation of new businesses in Greece. The number of jobs, available in Greece, has also grown in the recent years.
Ministry of Finance and Economy in Greece Tax Reforms
A Tax Reform Law has been passed by the Ministry of Finance and Economy in Greece.

This Tax Reform Law has the following objectives:
Foster Entrepreneurship
Spur Private Investment
Cut Red Tape
Encourage Innovation
Establish Transparency in Tax Audits

Ministry of Finance and Economy in Greece Investment Incentives Law
The Ministry of Finance and Economy in Greece has formed and applied a law, which is supposed to help the companies of Greece in their investment, by financing as much as 55% of the required funds. This law is called the Law for Private Investment Incentives for Economic Development and Regional Convergence.

This law has the following objectives:
Increasing Employment
Fostering Technological Change
Improving the Competitiveness of the Economy
Achieving Regional Convergence
Boosting Entrepreneurship
Simplifying Complex Procedures for the Evaluation of Investment Projects
Encouraging Investment Activities of Small and Medium Sized Enterprises

 

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Last Updated on : 1st August 2013

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