Who Benefits from Greece's New Development Law? Not Everyone
At the heart of the law is a broad set of financial instruments, designed to stimulate private investment and speed up licensing procedures. Greece's new Development Law, recently unveiled by the government, has been presented as a bold step toward revitalizing the country's investment climate and reshaping its economic structure. Promising faster approvals, expanded funding tools, and a more dynamic framework for attracting capital, the law arrives with the stated ambition of fostering sustainable and inclusive growth. Yet behind the rhetoric, significant concerns are emerging about its complexity, accessibility, and potential to reinforce existing inequalities. At the heart of the law is a broad set of financial instruments, designed to stimulate private investment and speed up licensing procedures. The government pledges that investment approvals will now be issued within 90 days, while companies will have access to a mix of...
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