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Tuesday
20
Oct 2026
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Athens 15°C

> Takis Theodorikakos

> Takis Theodorikakos

Ministry of Development: New strict framework of controls for subsidies to investment projects

"For the first time there is an audit for compliance with long-term obligations - Practical respect for the money of Greek taxpayers" says Takis Theodorikakos

Theodorikakos: “We are changing the production model and boosting the income of all Greeks”

"With the measures announced by the Prime Minister at the TIF, the institution of the family is strengthened, as the tax reduction of two points for everyone is scaled according to the number of children each household has," Mr Theodorikakos stressed.

Takis Theodorikakos met with the President of SEV

The meeting took place ahead of the meeting of the Government Economic Policy Council next Tuesday - Focus on promoting reforms and policies to simplify the business environment

Extension of the deadline for submitting proposals under the development law until October 10, 2025

The extension request was made by market stakeholders

Theodoricakos in The Economist: productive transformation with innovation is the answer to international uncertainty

A quantitative increase in GDP is not enough—we must implement the productive transformation of the Greek economy, said the Minister of Development

Strategic investments accelerate with 4+2 projects with a budget of €950 million

Investment projects will be submitted for approval to the competent Interministerial Committee, which meets today under the Minister of Development, Takis Theodorikakos

Theodoricakos: We are reducing by 25% the bureaucratic burden on businesses

Referring to the new Development Law, the Minister of Development described it as a "tool of national importance" that mobilizes €1 billion in investments over the next two years

Amendment in Parliament to end profit margin cap measure on June 30

The profit margin cap on basic goods is extended until June 30, while measures for the Household Basket and price hikes will remain in effect until October 2025

Theodorikakos: We discovered €480 million allocated to 1,400 investment projects that were never completed – We will pursue every last euro

This concerns funds granted under the 2004 and 2011 development laws – "The same thing happened with the 2016 development law, where the amounts involved are even larger," said the Minister of Development

Chaos with insurance companies: The price surge in contracts and government intervention

The government is trying to rein in the premium hikes in life and health insurance, warning that if they don’t cooperate, it will impose price caps. Over the last three years, insurance premiums have risen by up to 45%, resulting in net profits of €780 million

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