1 Article 3 of Law 1262/82 remains in effect and (together with the various amendments thereto) is presented below as in force at the present time. In order to promote the decentralization of economic activities and regional development, Greece has been divided into broad development areas:
INDUSTRY/CRAFT INDUSTRY ETC.
For the purposes of implementing this law with respect to the undertakings of article 2 (with the exception of hotel undertakings and undertakings providing support services to tourist/hotel units, undertakings operating health spas, winter tourism centres etc. [see HOTELS etc.]), Greece has been divided into the following areas:
AREA A
The Prefecture of Attica (except the eparchies of Troizinia, Kythera and Lavreotiki), that part of the Prefecture of Corinth bordering on the Prefecture of Attica as far as the Corinth Canal, the Prefecture of Thessaloniki except that part west of the River Axios and the eparchy of Lagadas.
AREA B
The Prefectures of Boeotia, Magnesia, Larissa (except the eparchy of Elassona), Corinth (except that part bordering on the Prefecture of Attica as far as the Corinth Canal), Achaia (except the eparchy of Kalavryta), Heraklion, that area of the town of Rhodes within a radius of 15 kilometres from the Prefecture Building, the town of Halkida, that part of the Prefecture of Thessaloniki west of the River Axios.
AREA C
The Prefectures of Imathia, Kozani, Kavala, Trikala, Karditsa (with the exception of certain municipalities and communities), Arta, Preveza, Thesprotia, Ioannina, Kastoria, Pella, Chalkidiki, Kilkis, Serres, Drama, Chania, Corfu, Fthiotida, Pieria, Argolida, Arcadia (with the exception of certain communities), Laconia, Lefkada, Kefallonia, Zakynthos, Florina, Rethymno, Lasithi, Cyclades (with the exception of certain islands) and the eparchy of Kythera.
Certain communities of the eparchy of Lagadas of the Prefecture of Thessaloniki, the eparchy of Troizinia, the municipalities of Methana and Poros and certain communities of the Prefecture of Attica.
In addition, the remaining areas of the country which do not fall under the other zones, except the border regions of the various Prefectures (excluding the island of Corfu) up to 20 kilometres from the border and also the municipalities and communities whose administrative boundaries are intersected by the 20 kilometre zone.
AREA D
The frontier regions of the border Prefectures (except Corfu) up to 20 kilometres from the border, as well as the muncipalities and communities whose administrative boundaries are intersected by the limits of the 20 kilometre zone.
The Prefectures of Evrytania, Grevena, Fokida, Ilia, Messinia, certain municipalities of the Prefecture of Euboea, certain areas of the Prefecture of Kozani, the eparchy of Elassona of the Prefecture of Larissa, certain communities of the Prefecture of Arcadia, the eparchy of Kalavryta of the Prefecture of Achaia, certain municipalities and communities of the Prefecture of Karditsa, and the Lavreotiki zone. Also, the islands of Rhodes (except the town of Rhodes within a radius of 15 km. from the Prefecture Building), Kos, Patmos, Thassos, Thirassia, Amorgos, Koufonisia, Schinousa, Heraklia, Donousa, Anafi, Sikinos, Folegrandos and Kimolos.
SPECIAL ZONE
The eparchies of Kalamata and Messini of the Prefecture of Messinia, Lesbos, Limnos, Ai Stratis, Chios, Samos, Icaria, Inousses, Leros, Kalymnos, Nissyros, Tilos, Symi, Chalki, Astypalaia, Leipsi,Agathonisi, Arkoi, Pserimos, Psara, Fourni, Karpathos, Kassos, Samothrace and Kastellorizo.
THRACE
The Prefectures of Xanthi and Rodopi.
SPECIAL ZONE
The Prefecture of Evros.
For the purposes of implementing the law, the boundaries of the Lavreotiki zone were demarcated by joint decision 37349/5.11.91 (Government Gazette 950/B/91) of the Ministers of National Economy, of Environment, Town Planning and Public Works and of the Interior.
HOTELS ETC.
2 For the purposes of implementing this law with respect to hotel undertakings, guest houses, undertakings operating health spas, winter tourism centres etc., Greece has been divided into the following areas:
AREA A
The Prefecture of Attica (except the eparchy of Troizinia, the islands of Aegina, Spetses, Hydra and the eparchy of Kythera), the Prefecture of Thessaloniki (except the eparchy of Lagadas and certain communities).
AREA B
The islands of Corfu (except the area of Lefkimi from the Messogis bridge to Kavos all along that part of the island), Mykonos, Skiathos, Aegina, Spetses, Hydra, the eparchies of Temenos and Pediada of the Prefecture of Heraklion, the eparchy of Mirabello of the Prefecture of Lasithi, the area of the town of Rhodes within
a 10 kilometre radius from the Prefecture Building, the town of Halkida in the Prefecture of Euboea and the eparchy of Lagadas in the Prefecture of Thessaloniki.
AREA C
The Prefectures of Boeotia, Rethymno, Lasithi, Arta, Trikala, Kozani (except certain areas), Imathia, Laconia, Preveza, Aetoloakarnania, Magnesia (except Skiathos), Larissa (except the eparchy of Elassona), Euboea (except the town of Halkida), Fthiotida, Corinth, Argolis, Achaia (except the eparchy of Kalavryta), Pieria, Chalkidiki, Kavala, Arcadia (except certain communities), Karditsa (except certain municipalities and communities), the rest of the Prefecture of Corfu, the Prefectures of Lefkada, Kefallonia, Zakynthos, Cyclades (except Mykonos and certain other islands), the rest of Crete and the eparchy of Kythera. Certain communities of the eparchy of Lagadas of the Prefecture of Thessaloniki, the eparchy of Troizinia, the municipalities of Methana and Poros and certain communities of the Prefecture of Attica.
AREA D
The Prefectures of Thesprotia, Ioannina, Kastoria, Florina, Pella, Kilkis, Drama, Serres. The Prefectures of Evrytania, Grevena, Fokida, Ilia, Messinia, certain municipalities of the Prefecture of Euboea, certain areas of the Prefecture of Kozani, the eparchy of Elassona of the Prefecture of Larissa, certain communities of the Prefecture of Arcadia, the eparchy of Kalavryta of the Prefecture of Achaia, certain municipalities and communities of the Prefecture of Karditsa, and the Lavreotiki zone.
Also, the islands of Rhodes (except the town within a radius of 10 km. from the Prefecture Building), Kos, Patmos, Koufonisia, Schinousa, Heraklia , Donousa, Anafi, Sikinos, Folegrandos, Kimolos, Thirasia, Amorgos and Thassos.
SPECIAL ZONE
The eparchies of Kalamata and Messini, Lesbos, Limnos, Ai Stratis, Chios, Samos, Icaria, Inousses, Leros, Kalymnos, Nissyros, Tilos, Symi, Chalki, Astypalaia, Leipsi, Agathonisi, Arkoi, Pserimos, Psara, Fourni, Karpathos, Kassos, Samothrace and Kastellorizo.
THRACE
The prefectures of Rodopi and Xanthi.
SPECIAL ZONE
The Prefecture of Evros.
By virtue of joint decisions of the Ministers of National Economy, of the Environment, Town Planning and Public Works, and of Tourism, which cannot be amended before two years have passed since coming into force, it is possible for zones to be designated which have an over-concentration of tourist activity, in which the various financial incentives provided under the present law shall not be applicable, and in which the incentives of other areas (less favourable vis-a-vis incentives) shall apply, according to the degree of concentration of tourist activity and the type of investment.
3 By joint decision of the Ministers of National Economy, of Finance, of the Environment, Town Planning and Public Works, to be published in the Government Gazette, and subject to the opinion of the regional planning departments, special zones may be designated within each of the aforementioned incentive areas, when such zones face serious development problems in comparison with the rest of the area in question. Eligible undertakings which establish themselves within the boundaries of such zones may, by virtue of the same decision, be granted assistance (with regard to investment grants and interest subsidies) normally applicable to areas which are more favourable vis-a-vis incentives.
4 By virtue of a decision similar to that referred to in par. 3, but with the participation also of the Minister of Agriculture, special zones may be designated on a case-by-case basis for the implementation of special regional development programmes or special programmes for the exploitation of farm products, as well as undergrowth clearance programmes and other reclamation works on land suitable for cultivation and distribution to the landless or agricultural cooperatives. Eligible undertakings which establish themselves within these zones or within the ETBA Industrial Estates or zones or in EOMMEX craft industry centres or craft industry centres and buildings for undertakings of local government organizations or co-operatives, shall be entitled by virtue of the same decision to the assistance normally applicable for the next most favourable (vis-a-vis incentives) area in relation to the area in which such undertakings are actually established.
In those Prefectures in which Industrial Estates operate (demarcated in accordance with Law 4458/65 [Government Gazette 33/A/65] as amended by Law 742/77 [Government Gazette 319/A/77]), the establishment on such estates of new industrial undertakings seeking eligibility for the provisions of the present law is obligatory (unless the competent advisory committee deems with justification that establishment outside the Industrial Estate is necessary or expedient)
Undertakings realizing investments in the ETBA Industrial Estates or in EOMMEX craft industry centres or in the craft industry centres and buildings for undertakings of local government organizations located in Area D and Thrace are entitled to those incentives normally applicable for the special zones of those areas, i.e. investment grants increased by 5 and 7 percentage points respectively. Undertakings which establish themselves in technology parks, as same have been determined by joint decision of the Ministers of National Economy, of the Environment, Town Planning and Public Works, of Industry, Energy and Technology and of National Education and Religions, shall be entitled to the assistance normally applicable to undertakings which carry out investments in ETBA Industrial Estates. In order for undertakings to establish themselves in technology parks and be eligible for the assistance of the present subparagraph, the opinion of the technology park administrative agency is also required. Par. 5, article 3 of Law 1262/82 and par. 2 and 3, article 3 of Law 1892/90, which supplement and amend par. 5, article 3 of Law 1262/82, are omitted, since they constitute special cases.
5 By virtue of Presidential Decrees issued on the initiative of the Ministers of National Economy, of Tourism, of the Environment, Town Planning and Public Works and of Agriculture, INTEGRATED TOURIST DEVELOPMENT AREAS (POTA) may be designated for the tourist development of the country in general, for the establishment therein of hotels of all types and undertakings providing services to the tourism sector.
A fundamental prerequisite for being made eligible for the provisions of Law 1892/90 is that the type of investment is among those listed in article 1 and the type of undertaking
is among those listed in article 2.
It is understood that the investment itself will be carried out in one of the areas of article 3.
The provisions of Law 4458/65 (Government Gazette 33/A/65) on Industrial Estates as amended by Law 742/77 (Government Gazette 319/A/77) and is currently in force shall be implemented accordingly with respect to the setting up, organization and operation of the Integrated Tourist Development Areas.
For the purposes of implementing the present provision, wherever in the above laws reference is made to the Minister of Industry, Energy and Technology, read Minister of Tourism, and wherever reference is made to ETBA, read GNTO.
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