Wednesday April 23, 2014 Search
Weather | Athens
23o C
15o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
One-stop entity for strategic investments starts operating

By Dimitra Manifava

The central licensing authority for strategic investments is finally ready to start operating, eight months after the investment incentives law introduced it. The new authority has the characteristics of a one-stop shop service and is staffed with employees from ministries involved in such investments.

Nevertheless a presidential decree for the accreditation of private entities such as banks to monitor investments that take advantage the laws provisions has yet to be issued.

The administrative structure of the new General Directorate for Strategic Investments provides for departments of growth strategy and licensing.

The Growth Strategy Department will have three offices: The Growth Strategy Organization Office, which will coordinate the licensing process for strategic investments and the drafting of the national strategy for investment policy; the Office for Special Projects for Development of Strategic and Private Investments; and the Public Investments Office for the implementation of public-private partnerships in the form of strategic investments.

The Licensing Department will have a Town Planning Office, an Environmental Terms Office, a Seaside and Beach Office, and an Archaeological Licenses Office, which will be responsible for issuing permits for construction and demolition and promoting and issuing other licenses required for the operation of the strategic investments.

In a meeting yesterday between Deputy Development Minister Notis Mitarakis and officials from the newly founded authority, as well as representatives of the Invest in Greece agency, Mitarakis said the central licensing entity constitutes a revolution for the operations of the public administration.

The concentration of responsibilities in a single general directorate will contribute decisively to dealing with bureaucracy and the overlap in responsibilities, as well as to overcoming obstacles and counterincentives for investors, said Mitarakis. Its operation also constitutes an innovation that will make the investment environment in our country friendlier and more attractive for the major investments that the Greek economy and society are in need of, he added.

ekathimerini.com , Wednesday December 11, 2013 (23:10)  
Credit Agricole said to seek buyer for $554 million Greek loans
Greece qualifies for new debt relief after 2013 budget surplus
Greece, Germany sign deal for IFG
NBG to break free of sovereign shackles with senior bond
Woman dies after falling off state building roof
Police in the district of Peristeri, in western Athens, were investigating the circumstances surrounding the death of a woman who fell off the roof of an Attica regional authority building e...
Tunisian sought over employment scam
Police in Thessaloniki were seeking on Wednesday a Tunisian national over an alleged employment scam. The 59-year-old suspect is believed to have charged 102 people seeking employment over 6...
Inside News
BASKETBALL
Reds and Greens stay alive in Euroleague
Easter and home advantage worked wonders for Panathinaikos and Olympiakos who stayed alive in the Euroleague play-offs beating CSKA and Real Madrid respectively on Monday in Greece. Shak...
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
Inside Sports
COMMENTARY
Its too soon for Europe to declare victory
There was a time not so long ago when the vast majority of experts agreed that a country could not emerge decisively from a financial crisis unless it solved problems of both stocks and f...
COMMENTARY
Realitys other side
There is plenty of evidence pointing to the fact that the countrys real economy has hit rock bottom and is currently entering a phase of growth. Those who know the market well tend to suppo...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Credit Agricole said to seek buyer for $554 million Greek loans
2. Greece qualifies for new debt relief after 2013 budget surplus
3. Greece, Germany sign deal for IFG
4. NBG to break free of sovereign shackles with senior bond
5. Greece meets budget target for more debt relief from creditors
6. Woman dies after falling off state building roof
more news
Today
This Week
1. FBI seeks to identify victims of suspected US child molester who worked abroad, including Greece
2. Greek debt swells again as Samaras looks to creditors for relief
3. Tunisian sought over employment scam
4. Greece sees 2013 primary budget surplus at 1.5 bln euros, says deputy finance minister
5. Woman dies after falling off state building roof
6. Greece meets budget target for more debt relief from creditors
Today
This Week
1. Greece's market return mirrors return of tourists
2. Greece startup leaders say they cant break jobless cycle alone
3. Ground-breaking Good Friday mass signals thaw in Cyprus
4. Mayoral candidates clash over Athens mosque plans
5. Government looks to kick on
6. Greece offers to help find Turkish F-16 lost in 1996
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.