Promotion in Greece
Updated: 17.01.2019
Means of support
Summary of support schemes
Quota. Law No. 3054/2002 obliges producers and distributors of petrol and diesel to blend their fuels with a certain amount ("quota") of biofuels. The mandatory quota is set by ministerial resolution and is reviewed every year (art. 15A par. 3 Law No. 3054/2002).
Tax regulation mechanism. The Development Llaw that came into force in July 2016 foresees support for biofuels. More specifically, an income tax relief and stabilization of income tax coefficient are provided, while they can be substituted with other support mechanisms, i.e. sSubsidy, under the Development Law.
Subsidies. The 2016 Development law that came into force in July 2016, foresees support for biofuels in a form of . More specifically, subsidies, leasing subsidies , and subsidies for the creation of new jobs are provided., while tThey can be substituted with other support mechanisms , i.e. tTax regulation mechanism, under the Development Law.