Incentive

Theodoropoulos from SEV advocates for essential reforms emphasizing tax incentives for large investments to stimulate economic growth

The President of SEV is calling for the amendment of the Development Law and the inclusion of large investments with tax incentives in it, given the termination of the Recovery Fund and as a measure to close the investment gap that the country continues to present against the rest of Europe despite the significant improvement of the last five years.

Positive incentives

The "favorable arrangements" announced by governments always concern those who have not been consistent with their obligations toward the state and need a second chance. The state is doing well to grant it to them.

Property market distortions

As it emerged from the constructive debate in Parliament on Friday, government incentives to attract foreign capital, such as the Golden Visa program, have ended up causing more distortions in the property market than benefiting the national economy.

The acuteness of the housing crisis, but also the traces of opacity, justify a complete revision of the current regime.

No more Golden Visas

The incentives to attract capital to Greece known as the Golden Visa program were justified in an economy struggling to emerge from bankruptcy.

In an environment of frenzied property price increases and pockets of overtourism, it causes more distortions than it helps.

It is not the kind of investment the country needs.

Pages