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The proposal of the Economic Chamber for the new development law

With a complete and detailed text, which was sent to the leadership of the Ministry of Development, the AIF proposes 27 specific interventions, which will improve the proposed provisions of the bill and will further enhance the development of the Greek economy.

Among other things, the AIF proposes:

– To incentivize the Grant to Medium Enterprises.

– Article 13 should provide for the inclusion of Individual Enterprises in the Beneficiaries in certain Schemes (eg agricultural sector).

– Increase from 3 years to 5 years of the period of compliance with long-term obligations of Small & Very Small Enterprises, from 4 years to 5 years for Medium and 5 years to 6 years for Large Enterprises.

– Addition of a special provision for the increase of aid rates based on the New Regional Aid Charter, for the Inclusion of Investment Plans of Companies operating in areas affected by severe Natural Disasters (fires – floods).

– Enrichment of the special cases of article 12 of law 4399/2016, by adding cases in relation to the unemployment rates and the per capita income of each region, in order to motivate companies to create new jobs and to give impetus to the local economy and development of the region.

– Increase aid rate in areas with high unemployment and low per capita GDP.

– Increase of the down payment percentage in the investment plans of law 3908/2011 and law 3299/04, from 1/7 to 3/7 (by presenting respective paid documents).

– Extension to the Development Laws 3299/04 and 3908/11 for at least one year.

– Include Business Warehouses for all sectors, provided that the observance of Long-Term Liabilities amounts to 10 years, so as not to circumvent the term “Business Warehouses” for other uses and to be used either by third parties or for own use.

– Pursuant to Article 128, it is proposed that the Representative of the Economic Chamber of Greece (OEE) and a Representative of the Technical Chamber of Greece (TEE) participate in the Aid Impact Assessment Committee.

– To provide a mandatory signature of an economist – member of the Economic Chamber of Greece in all applications for inclusion regardless of budget, in order to ensure the level of proposals. It is necessary to create a register of certified economists, in order to have a high level of investment plans. It is proposed that the AIF be responsible for the evaluation, creation and maintenance of the register.

See the full text with the AIF proposals in the right column “Related Archives”.

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Source From: Capital

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