ECONOMIST IMPACT-Theodorikakos: Development cannot stand without rules

"There is no stronger defense for the country than a productive economy," emphasized Minister of Development Takis Theodorikakos, speaking at the 2nd European Business Summit of the Athens Chamber of Tradesmen in collaboration with The Economist, on the theme: "How can Greek SMEs fuel innovation, competitiveness, and prosperity in an unstable global economy?"
The Minister underlind  that in a world of intense geopolitical upheavals and shifting competitive conditions, "the Greece we envision and are creating is a Greece that produces, exports, and progresses with confidence." Referring to the new Development Law, Theodorikakos described it as a "tool of national significance," mobilizing 1 billion euros for investments over the next two years. The aim is to strengthen industry and the primary sector, and to support border and economically weaker regions of the country. He also highlighted ongoing efforts to recover 500 million euros from the Development Laws of 2004 and 2011, with a full public accounting to follow upon completion of the process.
He emphasized that the prospect of sustainable growth is not confined to the Development Law but supports a comprehensive national plan, which constitutes the largest development program for all Greeks. As he stated, through three robust pillars-the Recovery and Resilience Facility (RRF), the new NSRF, and the National Development Programme-resources exceeding 57 billion euros are being mobilised in public and private investments, aiming to reach every corner of the country and reduce inequalities: social, economic, regional, and intra-regional.
He made special mention of small and medium-sized enterprises (SMEs), which he described as "the backbone of the Greek economy, where the heart of the Greek economy beats." Theodorikakos noted that the Development Law includes regimes tailored to their needs-from extroversion to social entrepreneurship, with the possibility of inclusion for self-employed professionals-and added: "The regimes of the Development Law function complementarily with the NSRF, offering SMEs the opportunity to utilise multiple funding streams for their investment planning."
Theodorikakos also referred to the reforms being implemented by the ministry to reduce administrative burdens on businesses by 25%, as well as the creation of the new Independent Authority for Market Surveillance and Consumer Protection.
“ Development cannot stand without rules. In cases such as recently in the private health insurance sector, we have proved that we do not hesitate to intervene when abusive or unfair practices arise. The market needs transparency, trust, and equal conditions for all,” he said.

ANA-MPA is COMMUNICATION SUPPORTER  of the " Second European Business Summit - How can Greek SMEs fuel innovation, competitiveness and prosperity in a volatile global economy?"
On camera statements: 
https://www.amna.gr/video-services/544358/Corporate%20Videos (YouTube)
https://www.youtube.com/user/AMNAwebTV (YouTube)

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