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Thursday
28
May 2026
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> Takis Theodorikakos

> 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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