The best social policy is the creation of well-paid new jobs, Greek Deputy Minister of Development and Investments, responsible for Research and Innovation, Mr Christos Dimas, said on Thursday speaking at an event on “Reskilling: Professions of the future and reducing unemployment” organised in Thessaloniki City Hall.
As Mr Dimas pointed out, 300,000 jobs have been created over the last three years, while unemployment, despite Covid-19, decreased by 5.9% and fell to a 12-year low.
The deputy minister noted that the Greek government focuses on attracting investments, especially in the field of research and innovation, by increasing, among other things, the excess depreciation of related expenses from 130% to 200%.
Regarding startups, Mr Dimas underlined that the government, for the first time, registered them on the Elevate Greece digital platform, while creating important tax incentives to attract “investment angels” and to acquire stock options for employees.
Finally, he mentioned that the government is funding the National Research and Technological Development Centre (EKETA) with 35 million euros to build the new Institute and the Thess INTEC Innovation Centre with the same amount.
Latest News
OECD: Greek Economy Resilient with 2% Growth Forecast for 2024
However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.
Challenges and Delays in Greece’s Hydrocarbon Exploration
Sources disclose that the petroleum companies holding the concessions are seeking partners to jointly invest and share the costs of exploration and drilling.
Greek Beach Visitors Can Report Violations on New ‘MyCoast’ App
Greek authorities hope the newly-launched, free ‘MyCoast’ app will help clamp down on public beach violations
BoG Figures Confirm Banner Year for Greek Tourism in 2023
20.6 billion euros in related revenues topped the previous year’s figure by 16.5%
Piraeus Bank to Propose First Dividend in 16 Years
Piraeus Bank has forecast profits of roughly 900 million euros this year, rising to one billion euros next year
Eurostat: Inflation in Greece Eases to 3.2% in April; 2.4% in Eurozone
The rate of increase for food prices was up by 4.9% in April 2024, compared to 4.8% in the previous month
ELSTAT Feb. Retail Turnover Drops by 3.8%, Sales Volume Plummets by 9.8%
Additionally, the seasonally adjusted General Volume Index for Feb. 2024 experienced a 3.8% decrease compared to the previous month of the same year
Greek Buyers Lead Return to Vacation Home Market
In the last six months, Greeks have made a surge into the vacation home market, notably without relying on loans
NBG Receives BBB Investment Grade by DBRS
This makes NBG the first Greek bank to regain Investment grade status, nearly 15 years after the onset of the Greek financial crisis
Greek Gov. Budget: Primary Surplus 3bln in Q1 2024
Value Added Tax (VAT) revenues reached 5.876 billion euros, down by 16 million euros compared to the target