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PROMOTING A BUSINESS FRIENDLY GREECE. Action Plan to support entrepreneurship and improve structural competitiveness Elaborated by the MoD, in co-operation with the 12 Government Ministries. The Initiative.
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PROMOTING A BUSINESS FRIENDLY GREECE Action Plan to support entrepreneurship and improve structural competitiveness Elaborated by the MoD, in co-operation with the 12 Government Ministries
The Initiative • The creation of an attractive business environment is a prerequisite for the recovery of the Greek economy as well as for stimulating economic growth and job creation. • Improving the business environment in Greece is a fundamental priority for the Ministry for Development, Competitiveness and Shipping being a cornerstone of our strategy for growth rebalancing through the business sector. • In accordance with the National Economic Program and the Memorandum of Understanding (MoU) signed together with the EC-ECB-IMF, the Ministry was tasked to record and address the major obstacles to business activity. That is to: • first identify and then to • design policies to overcome the most significant barriers to entrepreneurship by drafting a targeted action plan for their removal.
The Initiative • The “Business Friendly Greece” (BFG) initiative is an ambitious action plan of institutional reforms elaborated by the Ministry of Development, Competitiveness & Shipping in cooperation with the twelve pertinent Government Ministries and in consultation with EC-ECB-IMF.
The “Business Friendly Greece” Action Plan • The Action Plan focuses on setting the course (80 policy actions) for the removal of the most important barriers to entrepreneurship, with implementation over the period 2011 - 2012. • This is supplemented by key policy challenges and underpinning legislative and policy actions to support entrepreneurship and competitiveness in the long term. • The improvement of the business environment in Greece is an ongoing process with a great number of reforms yet to be implemented at both the institutional and the practical policy level.
BFG Action Plan and MoU • The Action Plan complements actions already undertaken for the improvement of the business environment under the MoU framework. • Moreover, some actions may overlap with other MoU commitments on structural reforms where cross reference should be made (ie. the new law simplifying environmental permits).
The “Business Friendly Greece” Action Plan Fields of Business Activity • Policy reforms have taken the form of structural changes in the competition regime, the product, services and labour markets, as well as the identification and removal of barriers and administrative burdens to entrepreneurship through: • 10 fields of business activity over the life cycle of a business.
Presentation of BFG Actions • Actions that do not overlap with MoU commitments are presented in the first Part. (Part I) • Actions that overlap with MoU commitments are presented in the second Part. (Part II) • Initial numbering is kept for cross reference purposes.
Starting Up Business Part I
Taxation Part I
Research and Development 1/2 Part I
Research and Development 2/2 Part I
Starting Up Business Part II – Actions integrated in MoU
Establishment of a Business 1/3 Part II – Actions integrated in MoU
Establishment of a Business 2/3 Part II – Actions integrated in MoU
Establishment of a Business 3/3 Part II – Actions integrated in MoU
Transportation (domestic/cross border)1/2 Part II – Actions integrated in MoU
Transportation (domestic/cross border)2/2 Part II – Actions integrated in MoU
Market Operating Problems Part II – Actions integrated in MoU
Transactions with the Public Sector Part II – Actions integrated in MoU
Taxation Part II – Actions integrated in MoU
Implementation of the NSRF programmes 2007-2013 Part II – Actions integrated in MoU
Pertinent Ministries • Ministry of Finance (MoF) • Ministry of Development, Competitiveness & Shipping (MoD) • Ministry of Labour (MoL) and Social Security • Ministry of Infrastructure, Transport and Networks (MoI&T) • Ministry of Interior (MoI) • Ministry of Administrative Reform & eGovernment • Ministry of Environment, Energy & Climate Change (MoE&E) • Ministry of Education (MoEd) • Ministry of Culture and Tourism (MoC&T) • Ministry of Foreign Affairs (MoFA) • Ministry of Citizen Protection (MoCP) • Ministry of Justice (MoJ)