The newly voted provisions to promote strategic investments in Ιnvestment Environment

“The newly voted provisions to promote strategic investments in Ιnvestment Environment”

(article by M. Katsioti – Associate, Angela Moysidou, Senior Associate and Andreas Papastathis, Junior Partner published on Lexology, January 11, 2025)

The recently enacted Greek Law 5164/2024 introduces significant updates to the existing framework for strategic investments, as outlined in Law 4864/2021. Among its key provisions, the law establishes Flagship Investments of Exceptional Importance, focusing on critical raw materials, the circular economy, and shipbuilding—sectors vital for sustainable development and economic growth.

Investors can benefit from a range of incentives, including tax exemptions, fast-track authorization procedures, and spatial development plans tailored to strategic projects. These amendments also align with European Union goals for resource sustainability, environmental protection, and strategic autonomy.

This development demonstrates Greece’s commitment to fostering an investment-friendly environment while promoting innovation and economic resilience.

For a detailed analysis, read the full article here: pdf attached

#StrategicInvestments #LawUpdates #Sustainability #EconomicGrowth

Read the full article “The newly voted provisions to promote strategic investments in Ιnvestment Environment” here:

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