Dev't ministry's bill to simplify business licensing is approved in plenary vote

Dev't ministry's bill to simplify business licensing is approved in plenary vote

A draft bill simplifying the way business licenses are granted was approved by most political parties in plenary on Thursday evening.

The Development & Investments Ministry's bill was supported by ruling New Democracy, main opposition Syriza-Progressive Alliance and Movement for Change (KINAL), while the Communist Party of Greece, Greek Solution and MeRA25 rejected it.

The Finance Ministry's amendment for a permanent 30 pct reduction of VAT tax at five key Greek islands (Chios, Kos, Lesvos, Leros and Samos) was also approved in the vote. The islands have been at the front lines of the migration flows in the Aegean.

Speaking in parliament, Development & Investments Minister Adonis Georgiadis said the bill "is another part of our effort to liberate the Greek economy so it starts running at a faster rate, just as we had promised in the run-up to the elections."

The bill is titled "Simplification of the framework for economic activities falling under the jurisdiction of the Ministries of Development & Investments, Infrastructure & Transport, Health, and Tourism; regulations for productivity activities; and other regulations supporting development."



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