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Investment Law (4887/2022) provides incentives for eligible investment expenses, ranging from 10% to 80%, based on business size and implementation region.
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The Law for “Acceleration and Transparency of Implementation of Strategic Investments” or Fast Track Law (4864/2021) in Greece helps the government establish clear and transparent investment rules for big projects, both public and private. It includes 13 different themes, one of which is the “Digital and technological transformation of companies.”
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Financial incentives for intragroup services in Greece, e.g. datahubs, central services hubs
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The Bank of Greece has created the FinTech Innovation Hub to facilitate communication and provide information on regulatory matters within its jurisdiction.
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In 2022, there were a record-breaking number of exits for Greek startups, with 19 being acquired both in Greece and globally. Notably, Viva Wallet was acquired by JP Morgan.
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AI: Greek Prime Minister established of an advisory committee to create a national strategy for AI. Most probably investments will follow
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Greece is a major player in the EU’s(Big5) Blue economy, focusing investments in this sector.
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Most funded sectors: SAAS, HealthTech, Fintech, Biotechnology, E-Commerce