Greece Slashes Red Tape with ‘Fast-Track’ Committees for Major Investments

08:41 9/1/2026 - Πηγή: iEfimerida

The Greek Ministry of Development has established three special evaluation committees designed to accelerate the approval of large-scale investment projects, aiming to clear administrative bottlenecks and convert surging investor interest into concrete economic activity.

The decision, signed by Secretary General for Private Investments Styliani Siarapi and published Thursday, activates a rapid assessment framework

for proposals filed under the “Large Investments” scheme of Development Law 4887/2022.

Mrs. Siarapi’s directive mandates the new bodies to immediately review complex, high-budget plans seeking state support, including tax exemptions and direct grants.

The initiative addresses persistent delays in licensing and evaluation that have slowed the realization of projects despite the country’s strong macroeconomic performance.

Ministry officials described the move as critical to sustaining momentum following Greece’s return to investment-grade status.

While international demand for Greek assets has risen, the speed of administrative processing has often lagged behind market enthusiasm.

The "Large Investments" scheme serves as a central pillar of the national development strategy, specifically targeting ventures that boost regional employment and technological innovation.

The committees are expected to begin vetting pending applications immediately to unblock the investment pipeline.

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Greece Slashes Red Tape, ‘Fast-Track’ Committees,Major Investments