The introduction of a one-stop-shop in starting up new businesses, via a general commercial register, is of national importance and rebukes a myth that Greek society cannot achieve major changes, Prime Minister George Papandreou underlined on Monday.
Speaking during a visit to the Athens Chamber of Medium-to-Small Size Manufacturing Enterprises and a presentation of the new service, the Greek Premier was briefed on its operation. He noted that the new service will boost transparency and reduce bureaucracy, while liberating the huge forces of business activity to the benefit of the country.
The new service cuts the time needed to start up a business from 19 days to one day, while costs are also reduced by 50-62 percent, the government said. The new service aims to significantly improve the country’s position on the World Bank’s Starting Business list, as Greece currently occupies a very disappointing 149th place.
Papandreou forecasted that the new electronic service will make Greece more attractive to investment, stressing that a large part of the responsibility in the operation of enterprises will be transferred to the business sector, with chambers emerging as stronger tools of entrepreneurship.
(source: ana-mpa)
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