Trade with Greece 2015 - page 53

Trade with Greece
51
● A bold programme for fighting tax evasion.
Promotion of e-invoicing and introduction of
incentives for both businesses and consumers
to increase the use of electronic transactions.
A potential reduction in tax rates will be condi-
tional on the results of this project.
● Utilization of NSRF 2014-2020 funds for
improving the competitiveness of small and
medium-sized enterprises. Enhancement of
instruments such as venture capital funds,
business angels, soft loans, startup funds in
areas such as new technologies, agricultural
production etc.
The following are also considered to be very
important:
● Boosting the competitiveness of domestic pro-
duction. Decisive interventions, within the
bounds of European legislation, for reducing
energy costs, and especially industrial power
prices. Further simplification of procedures,
and reduction of the cost of setting up a busi-
ness. Creation of Industrial and Business
Parks.
● Supporting the export activities of Greek enter-
prises. Expansion of co-financing and guaran-
tee programmes for export-oriented enterpris-
es; establishment of an Import-Export
Development Bank, drawing on successful
examples from abroad. Provision of special tax
incentives for engaging in extrovert business
activities.
Reduced turnover
That said, and before any of the above has actu-
ally been implemented, the first two-months of
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