Theodorikakos: Development Law Boosts Border and Economically Weaker Regions

Minister of Development, Takis Theodorikakos, emphasized in an interview with SKAI that the development law focuses on investments in border areas and economically weaker regions. “Our goal is to strengthen industry, modernize agricultural production, and invest in research and innovation that offer competitive advantages,” he added. Theodorikakos noted that consultations begin on Monday (31.3.2025), with project submissions occurring between May and June. He highlighted the importance of attracting new technologies and production units that will create thousands of well-paid jobs to retain young people in their local areas. Regarding unspent funds from previous development laws, Theodorikakos stated that these amounts exceed half a billion euros. He stressed that taxpayers’ money must be utilized for its intended purpose and promised full transparency. The minister also pointed out that an economy relying solely on tourism, real estate, and consumption faces inflationary pressures. To combat this, Greece must focus on development. Lastly, he mentioned that strict measures by the Ministry of Development over the past six months have kept food inflation near zero but emphasized the need for competition and informed consumers.