By Dimitris Delevegos
The investment incentives (cash rebate) with a grant of 40% of eligible costs, up from 35% and 25% in the recent past, have created a momentum for domestic audiovisual production – i.e. the television and film industry.
Since 2018, 158 Greek and 115 international productions have applied to the National Center for Audiovisual Media and Communication (EKOME) in order to secure a grant.
Last year alone, 79 proposals were approved, with a budget of 207 million euros, creating 21,878 jobs, while foreign groups are promoting at least two investment projects to develop movie studios in Greece.
This article was previously published in ekathimerini.com.