environment, and c) consolidation of exports.
The first objective comprises three main steps:
• A new Investment Law that will abandon the
rationale of blanket provisions and will instead
target sectors with productive, extrovert and
innovative orientation. Provisions are made
also to ease the cumbersome bureaucratic
processes of the previous laws.
• The development of ETEAN into an all-inclusive
development fund, thus boosting financing
opportunities for SMEs.
• The creation of a Developmental Council,
which in consort with the social partners and
the academia will deliver on a yearly basis a
comprehensive Growth Strategy plan.
The second objective includes significant reforms
aimed at creating a business-friendly environment.
These involve projects concerning entrepreneur-
ial parks, investment licensing, product market
competition, one-stop-shops for businesses, and
the modernisation of the role of professional and
commerce chambers.
Finally, the last and most important objective is
the consolidation of exports and the attraction of
foreign direct investments. In both fields, an inten-
sive effort is being made to put in place new insti-
tutional frameworks. In this connection, the
“Action Plan for Exports Promotion” aims at the
simplification of the procedures governing export
activities, while the project for the creation of an
appealing environment for Foreign Direct
Investments is already underway.
Greece is standing at a historic crossroads and
prepares itself for a new growth take-off. Our
Government is committed to proceed with “reset-
ting” the economy through the reorientation and
the restructuring of the production system. In an
region like South Eastern Europe, where stability
seems to be constantly at stake during the last
years, Greece will always remain a key factor of
stability.
Trade with Greece
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