Economy · Greece

Papathanasis announces 140 million euros for business initiatives in transition areas.

2 sourcesFirst reported 16 days agoUpdated 15 days ago

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A budget of 140 million euros has been announced for new entrepreneurship initiatives in areas undergoing a fair development transition.
The funding, overseen by Deputy Minister of National Economy and Finance Nikos Papathanasis, aims to support existing, new, and start-up businesses, including both small and large enterprises.
Eligible businesses can receive subsidies of up to 70% for their investment plans.
The initiative specifically targets businesses located in the Hellenic regions designated for fair development transition.
The announcement was made public in early July 2026.

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Story timeline

7 July

A support package of €140 million offers up to 70% subsidies for eligible businesses.

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7 July

A support package of €140 million offers up to 70% subsidies for eligible businesses.

AI summary: catch up in 20 seconds

A budget of 140 million euros has been announced for new entrepreneurship initiatives in areas undergoing a fair development transition.
The funding, overseen by Deputy Minister of National Economy and Finance Nikos Papathanasis, aims to support existing, new, and start-up businesses, including both small and large enterprises.
Eligible businesses can receive subsidies of up to 70% for their investment plans.
The initiative specifically targets businesses located in the Hellenic regions designated for fair development transition.
The announcement was made public in early July 2026.

Generated by AI from the 2 sources below · always verify with the originals