Greece by 2030 must become a stronger homeland that produces and exports significantly more, said Development Minister Takis Theodorikakos during a speech at the General Assembly in Thessaloniki marking the 50th anniversary of a local business association. He described the current period as critical for both Greece and Europe.
‘Europe needs to shape its own strategy with a new perspective on security and sustainability,’ Theodorikakos stated. ‘It should rely more on its own strengths. In an environment reminiscent of shifting sands, the only response is to reinforce production and the real economy.’
Despite major successes like unemployment dropping to 7.9%, exports rising to €50 billion, and significant industrial growth, Theodorikakos emphasized that the trade deficit remains problematic. ‘We must address this quickly and effectively; otherwise, we will soon face its consequences again,’ he warned, calling the need for productive transformation urgent and long overdue.
He highlighted the newly passed Development Law as a key national tool aimed at channeling substantial resources into the real economy, focusing on strengthening industry and modernizing the primary sector. ‘This law places regions at the center of development—especially border regions,’ he noted, adding that Macedonia and Thrace are pivotal under the new framework.
The minister confirmed that the government has kept its timeline commitments regarding the new Development Law, with the first three support programs already launched, each with a budget of €150 million. He also announced that the application platform is open until September 10, and submitted investment plans will be evaluated within 90 days after the deadline. A new regime promoting extroversion and new technologies will launch this autumn, targeting the broader entrepreneurial community.
While tourism still receives 80% of funding from previous development laws, Theodorikakos stressed that it would be unreasonable to continue allocating such a large portion solely to tourism. ‘We support tourism to grow in both quantity and quality, but clearly, we don’t want it to remain the monoculture of the Greek economy,’ he added.
Regarding the ThessINTEC technology park in Thessaloniki, he described it as an emblematic project and strategic choice, assuring that even if completion isn’t possible within Recovery Fund timelines, the Ministry remains committed to financing its completion through national resources.
On the National Quality Policy, he announced that legislative discussions began Friday in the relevant parliamentary committee. ‘This initiative aims to establish product and service quality as a strategic advantage for Greece’s economy, boosting competitiveness and sustainability,’ he explained. ‘Quality is the foundation upon which citizen trust, economic strength, and the country’s international credibility rest.’
He concluded by addressing entrepreneurs directly: ‘The Ministry of Development is your ministry. Together, we can shape a new productive model for our country.’