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Monday, July 25, 2016

Definitions competitiveness-iii


Welcome to my definitions competitiveness-iii.
 Additional emergency funding of € 82.6 mil. Euro in Greece
The European Commission allocated 82.6 million in Greece. Euro as additional emergency funding through the Funds Asylum, Immigration and Integration (TAME) and Homeland Security (TEA).

Through TAME, provided emergency funding of € 24.2 mil. Euro in the Ministry of Health of Greece, in order to increase its capacity to provide primary care to immigrants and refugees. The aim of the fund is first to provide basic healthcare services (medical and psychosocial) in accommodation centers for refugees, and secondly, to enhance the capacity of the public health system as well as epidemiological surveillance structures.

Furthermore, 58.4 mils. Euro allocated to the Greek Ministry of Defense to provide migrants relief, shelter, housing, feeding, healthcare, and transport. For such activities in mainland Greece will be given funding of € 52.2 mil. Euro from TAME and 6.2 mils. Euros will be allocated to support the reception and identification centers, through the Internal Security Fund (TEA).

These new emergency grants are then similar assistance was given earlier in 2016, to meet the needs of the period from February to July. With this additional funding, the emergency aid granted for activities in Greece amounted to 345 mils. Euro from the commencement of 2015 pdf, an amount that consists of backing for the Greek authorities, EU agencies, international organizations, and NGOs. The emergency funding is in addition to 509 million. Euros already allocated to Greece under the national programs for 2014-2020 (294.5 mils. Euro from TAME and 214.7 mil. Euro TEA).

ii)
Direct foreign investments worth 600 mils.


Two new foreign direct investment in tourism assessed by the Enterprise Greece (Greek Investment Company and Foreign Trade Inc.) and joined by the Interministerial Commission on strategic investment process, confirming the resurgence of confidence of foreign private investors on prospects, opportunities and strengthening the Greek economy environment regularity and safety. Investments operate positively and as precursors to attract other important FDI.

Specifically, these are two complex tourist complexes, which include hotel accommodation, a marina, special tourist infrastructures and seasonal residence, of which the first is in Evia (Municipality of Karystos) and the second in Crete (Municipality of Ag. Nikolaos) total 600 mils. € budget. Both projects are expected to create about 600 direct jobs and multiple indirect.
Significant positive impact on the national and local economy is expected to bring these investment plans, upgrading the supplied tourist product and enriching it with new services, applying international standing best practices and ecological construction and management standards, augmenting the network of the country's marinas our achieving inflow of foreign capital during the period of the initial investment and foreign exchange during the session as well as major public revenues from direct and indirect taxes incurred.


In parallel, the two investors, Arab and Russian interests, are committed to providing pre-agreed and measurable reciprocal benefits to the local and wider area, such as grants to community infrastructure grants and practical training of new local community, as well as utilization of local business services, workforce the region and sourcing local products to the maximum extent possible.
In this context, new investment projects of strategic interest for the country evaluated by Enterprise Greece Agency.

The Enterprise Greece (Greek Investment Company and Foreign Trade SA) is the competent national frame, under the custody of the Ministry of Economy, Development and Tourism, to attract investment in Greece and export promotion, in order to project the country as an ideal investment destination and to promote competitive export products and services in Greece.



 


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