Measures heralded by PM seen luring investments, facilitating businesses

The ambitious package announced by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair (TIF) last weekend is seen as a reflection of the government's much-touted bid to spur the economy and to hit the ground running in the fall.

Mitsotakis announced 25 measures to cultivate an environment conducive to investments and entrepreneurship, and to ease the burden on the country's taxpayers.

At the forefront of these measures is the the reduction of corporate tax from 28 to 24 percent, the halving of taxation on dividends to 5 percent, as well as the easing of social security contributions and other measures.

Equally important for the day-to-day workings of businesses is the simplification of the country's complex tax code and environmental licensing, the bankruptcy law, and the creation of a national infrastructure register and a unified digital...

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