Development Ministry

More firms included in loan scheme

The Finance Ministry has decided to allow the inclusion in the fifth phase of its cheap state loans program, known as the "Deposit To Be Returned," of 10,000 enterprises active in retail commerce, food service, tourism, culture, sport and transport that were forced to close due to the coronavirus.

Greece among top six in 2020 for EU fund absorption

Greece came sixth among the European Union's 28 member-states in the absorption of community funding, the Development Ministry said on Thursday.

Citing European Commission data, the ministry said Greece's absorption rate in 2020 reached 62%, with total expenditures of 11.6 billion euros. Greece also activated 6.5 billion euros to finance its response to the coronavirus pandemic.

Ministry announces first Greek-made rapid coronavirus test

The Development Ministry on Monday announced Greece's first locally produced rapid antigen test for the novel coronavirus, hailing its development as a "major success."

A part of a 2.9-million-euro research program funded by the ministry, the test is the result of cooperation between six research centers and four universities.

Transparency Authority issues safety guidelines for amusement parks

Seeking to improve safety standards at amusement parks and other entertainment venues around the country, inspectors of the National Transparency Authority (EAD) have made a series of recommendations that were included in the relevant regulations signed off by the Development Ministry.

Restaurants and cafes set to reopen on May 25

As part of the government's effort to expedite the return to normalcy for businesses in Greece, the competent state health authorities have approved the opening of restaurants, bars and cafes on May 25.

Meanwhile on Monday - and two weeks earlier than originally estimated - shopping malls, department stores and discount outlets will reopen.

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