Article

Greece's new development law aims to stimulate investment in high-technology industries, particularly in defense and dual-use technologies. The draft law will be open for public consultation until March 13 and introduces a dedicated investment framework for projects linked to defense and related sectors.

Eligible activities include manufacturing weapons, vehicles, and aircraft. Financial support will cover various expenses, including industrial facilities, renewable energy, and employee training. Key incentives include enhanced tax deductions, direct grants, and access to funding through the Hellenic Development Bank and European Investment Bank for large-scale projects.