Investment Policy Measures

18 results
Greece

Greece

12 Dec 2024

Promotes investments in critical raw materials, the circular economy, and shipbuilding

On 12 December 2024, Greece amended Law 4864/2021 to promote and facilitate a new category of investments—flagship investments of exceptional importance. This category includes projects in critical raw materials, the circular economy, [...]

Greece

Greece

05 Dec 2024

Introduces investment incentives to foster innovation

On 5 December 2024, Greece adopted Law 5162/2024 (Government Gazette No. 198/5/12/2024), introducing various tax incentives aimed at fostering innovation and attracting foreign capital. Angel investors are now eligible for a 50 per [...]

Greece

Greece

29 Jul 2020

Increases the tax deduction for R&D expenses

On July 29 2020, the Greek Government adopted Law 4712/2020, which amended the Income Tax Code and increased the tax deduction for R&D expenses from the gross income of companies from 30% to 100%. Additionally, an alternative [...]

Greece

Greece

03 Dec 2019

Privatization of energy sector

On 3 December 2019, the Law 4643/2019 was published in the Official Journal of Greece. It aims at liberalizing the energy market and promoting renewable energy sources. Under the new regime, the Public Natural Gas Company (DEPA) will [...]

Greece

Greece

25 Apr 2019

Strategic Investment Law amended

On 25 April 2019, the Law 4608/2019 was published in the official Hellenic Government Gazette. Its aim is to modernize the existing legal framework for strategic investment and attract more investment projects. Under the new law, [...]

Greece

Greece

23 Mar 2018

Concludes sale of 67 per cent of the shares in Thessaloniki port

On 23 March 2018, the Greek government concluded the sale of a 67 per cent stake in the country's second largest port ("Thessaloniki Port") to a German-led consortium. The total value of this deal was EUR 1.1 billion. [...]

Greece

Greece

27 Apr 2017

Greece sells stake of Thessaloniki port to a consortium of German investors

The Greek state transferred 67 percent of the shares of Thessaloniki Port Authority to a consortium of investors via its privatization fund on 27 April 2017. The consortium is led by Deutsche Invest Equity Partners. The German firm [...]

Greece

Greece

11 Apr 2017

Greece transfers 14 regional airports to a German consortium

On 11 April 2017 the Greek Agency of Privatization has announced that the management of 14 regional airports will be transferred to the German consortium Fraport AG-Slentel Ltd. The value of the deal is estimated at EUR 1,2 billion. [...]

Greece

Greece

16 Jan 2017

Privatisation of TrainOSE S.A. railway company

The Greek Court of Auditors approved the sale of the state-owned railway operator TrainOSE to Italian railways Ferrovie dello Stato. The privatisation is part of the bailout deal signed by Greece in 2015. The Greek Government committed [...]

Greece

Greece

29 Dec 2016

Privatization of the Kassiopi site in Corfu

On 29 December 2016, the Greek Government finalized the privatization of the Kassiopi site, located in the Corfu island. The New York-based NCH Capital Inc. will acquire a leasehold of the site and will invest an estimated amount of [...]

Greece

Greece

14 Jul 2016

Government accepts privatization offer for railway operator

On 14 July 2016, the Hellenic Republic Asset Development Fund (HRADF) accepted the privatization offer of EUR 45 million for the sale of a 100 per cent stake in TRAINOSE SA (Greek railway operator), submitted by Ferrovie Dello Stato [...]

Greece

Greece

08 Apr 2016

Greece privatizes the port of Pireus

On 8 April 2016, the Hellenic Republic Asset Development Fund (HRADF) formally signed an agreement to sell a 67 percent stake in the Port of Piraeus to the Chinese shipping company, China Cosco Holding Co.The total value of the agreement [...]

Greece

Greece

31 Dec 2015

Government signs a privatization agreement for a seaside resort

On 31 December 2015, the Hellenic Republic Asset Development Fund signed a final agreement with the Arab-Turk investment fund, Jermyn Street Real Estate, for the sale of Astir Palace, a seaside resort. The whole privatization process [...]

Greece

Greece

18 Aug 2015

Government grants a foreign consortium the right to operate 14 regional airports

As part of Greece's privatization effort, on 18 August 2015 the government published a decree in the Official State Journal approving the concession of 14 regional airports to the German consortium Fraport-Slentel for the sum of 1,23 [...]

Greece

Greece

12 Aug 2013

Privatizes gambling monopoly

On 12 August 2013, Greece completed the sale of a 33 per cent stake in the state-controlled gambling firm OPAP to the Greek-Czech fund Emma Delta. [...]

Greece

Greece

18 Apr 2013

Approves new investment incentive law

The Government has amended its investment incentive law (Law 4146/2013). The Law aims at modernizing and improving the institutional framework for private investments subject to investment laws. Provisions are introduced regarding [...]

Greece

Greece

31 Oct 2012

Amends privatization law

Greece's Parliament approved a law that provides the Government with greater flexibility to privatize the country's public utilities. The article scraps the Government's obligation to own a minimum stake in a number of former state [...]

Greece

Greece

01 Jul 2011

Establishes Hellenic Republic Asset Development Fund

On 1 July 2011, the Government of Greece established the Hellenic Republic Asset Development Fund (HRADF) for six years (L. 3986/2011), under the medium-term fiscal strategy. The objective of the new law is to depoliticize and professionalize [...]

Due to an upgrading of the database infrastructure, no new measure will appear before 15 May 2025
Number of policy measures per economy (since 01 Jan 2010) 1 96