The Rada approved yesterday the ‘investor nanny’ bill designed to promote foreign and domestic investment

Wednesday, July 22, 2020
The Rada approved yesterday the ‘investor nanny’ bill designed to promote foreign and domestic investment

The Rada approved yesterday the ‘investor nanny’ bill designed to promote foreign and domestic investment. Investments over €30 million that create over 150 jobs within five years will be eligible for an ‘investor nanny.’ This government fixer attached to the President’s office will be empowered to cut bureaucratic red tape. Eligible sectors are: processing, infrastructure and logistics, household waste management, tourism, health care, education, and sports. Not eligible are: renewable energy, mining, farming and banks.

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