The president of SEB (Hellenic Federation of Enterprises), Spyros Theodoropoulos, expressed his satisfaction following the announcement by Kyriakos Mitsotakis regarding support measures for Greek industry. Speaking at the SEB General Assembly event held at the Athens Concert Hall, he stated: “I would like to express our satisfaction with the fact that you are actively recognizing the need to support Greek industry in order for it to remain competitive,” said the SEB president, addressing the Prime Minister directly. “The available resources are being utilized through the METSAF and CISAF mechanisms, which the European Union established to address the crisis. It is also particularly significant for us that the measures you announced cover nearly the entirety of Greek industry, regardless of company size.” “Your announcements on energy demonstrate that dialogue with the productive economy often leads to decisions that tackle critical problems,” he continued.
Read more: Theodoropoulos: “We must convince Greek businesses to invest more in Greece”
Spyros Theodoropoulos: Proposals to accelerate investment in Greece
SEB president Spyros Theodoropoulos submitted a series of proposals aimed at accelerating investment in the country. These include:
– The establishment of a body to develop industrial zones and the resolution of problems that have arisen following the privatization of VIPE ETVA, given that the new spatial planning framework for industry stipulates that the creation of new industrial units outside designated industrial areas is not permitted.
– A new incentive framework for strategic and landmark investments “that would allow Greece to attract investments, such as one of the four factories that a Chinese automobile manufacturer announced it intends to establish in Europe, a second hangar at HAI (Hellenic Aerospace Industry) to increase the rate of F-16 upgrades, the creation of an Erickson helicopter assembly and repair station, and more.”
– In the development law, replacing the criterion of creating new jobs with increasing productivity.
– Extending the super-deductions established for Research and Development to apply to investments in artificial intelligence.
– Strengthening controls to prevent the importation of products from third countries that do not meet European standards.
– Creating a third category within Teiresias (Greece’s credit bureau) for businesses that have settled their overdue debts.
– Boosting vocational and technical education.
Mr. Theodoropoulos concluded by noting the progress Greece has achieved in public finances, growth rate, unemployment reduction, borrowing costs, bank restructuring, and reforms. “Despite unfavorable and uncertain conditions, Greece is in a better position than many countries, even those within the core of the European Union,” he concluded.
