Presentation of the measures for the primary sector

Minister of Rural Development and Food, Kostas Tsiaras, on Monday presented a detailed breakdown of the four measures for the primary sector announced by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair (TIF).

The aim of these measures, Tsiaras underlined, is “the reduction of production costs in the primary sector, without the burdens of the past, by stimulating extroversion while expanding the country’s production potential.”

He pointed out that the ministry aims at “the further substitution of imports with domestic products, the strengthening of exports in products with a competitive advantage, the strengthening of domestic production, the creation of more jobs in the primary sector, the restructuring of production with high-value agrifood products and the ‘rebranding’ of Greek products.”

On his part, Development Minister Takis Theodorikakos stated: “The development ministry is proceeding with initiatives along three lines of action for the formation and implementation of a new production model for the country, following the reforms carried out by the government aiming at the convergence of incomes with the European average and the reduction of social and regional inequalities.”

Theodorikakos made the statements during the presentation of the government’s measures to support entrepreneurship and business productivity.

The minister reiterated that, in collaboration with the other ministries responsible, the development ministry is preparing the the details for a new production model, following the measures already implemented by the government, in an effort to boost industry and exports.

Theodorikakos announced increased tax incentives for acquisitions and mergers, for research and development with a total cost of 40 million euros, while he underlined that a Golden Visa will also be granted for investments of 250,000 euros in start-up companies as of January 1, 2025.

SOURCE; ANA-MPA