After its success in stabilizing macroeconomic figures, the government is “making a stronger shift from macro to micro issues,” National Economy and Finance Minister Kostis Chatzidakis said at an event of Eurobank and Grant Thornton on Wednesday.
In his address at the 8th Growth Awards for Development and Competitiveness, Chatzidakis also spoke of five government interventions to boost competitiveness, and of 2025 being a year of further reducing social insurance contributions and taxes for consistent taxpayers.
The five initiatives the minister referred to aiming to improve competitiveness include the following:
a. Reduction of taxes and social insurance contributions as of this year
b. Stronger framework for mergers of small businesses (adopted at the end of 2024)
c. Further boosting of investments by improving the business environment (urban plans, National Cadaster, faster court decisions)
d. Boosting exports (including simplifying and digitizing customs procedures, providing targeted tax incentives), and
e. Intensifying competitivenessin the entire market and the bank sector.
The basic and necessary factor, the minister noted, is political stability. “Whatever we achieved, we did so because we also have political stability in Greece. In other words, we do not have the instability that is lately tormeting quite a few other European countries politically and economically. This is something that must be definitely preserved,” he said.
