Gov’t to introduce new bills about innovation, mergers

Three new bills, in addition to the new fiscal framework, are being prepared for submission to Parliament within 2024, National Economy and Finance Minister Kostis Hatzidakis revealed on Tuesday, while speaking at the Real Investment Summit 2024.

The minister said the new draft bills will concern: tax incentives and other measures to encourage innovation; tax incentives and special financing programs for mergers to create more competitive firms; and flexible rules for hiring and changes to the rules for procurements for Growthfund subsidiaries (Hellenic Post, Hellenic Railways Organization etc), along the lines of Public Power Corporation (PPC).

"The prospects are unique because the country is emerging from the crisis, so there is the 'coiled spring' phenomenon. At the same time, we have the right mix of economic policy, combined with political stability. This...