Finance Ministry tightens Golden Visa rules
The Finance Ministry announced on Thursday measures to cut down on bureaucracy, facilitate taxpayers, use modern technology in collaboration with the Independent Authority for Public Revenue
The Finance Ministry announced on Thursday measures to cut down on bureaucracy, facilitate taxpayers, use modern technology in collaboration with the Independent Authority for Public Revenue
"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said
The final proposal, outlining new investment thresholds for Golden Visa applicants, will be presented to Parliament soon. According to Daily Ethnos.gr, the program aims to address the housing crisis through several key measures
According to the rating agency, the challenges for the Greek economy include a big current accounts deficit, while the size of the tourism and shipping sectors make the economy vulnerable to external shocks and any improvements to economic resilience by expanding the export base will take time.
His remarks came during a visit to the Piraeus General Cancer Hospital Metaxas, where he inspected the progress of renovations alongside Health Minister Adonis Georgiadis and Deputy Minister of National Economy and Finance Nikos Papathanasis.
In its announcement, DBRS notes that the steady trend reflects its balanced view on the risks to the credit rating.