The Development Ministry has decided to place two new data center projects, both in northwest Greece, under the favorable tax regime of “large investments.”
The Development Ministry has decided to place two new data center projects, both in northwest Greece, under the favorable tax regime of “large investments.”
One, by Team Fortress, will build a data center near Zitsa, northwest of the city of Ioannina, and is expected to cost €33.8 million. The second will be built by Nexus Data near the city of Kastoria and will cost €26.6 million.
BUSINESS TECHNOLOGY INVESTMENTS TAXATION
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The project has been approved under Greece's Development Law. State aid will be provided exclusively through tax incentives…
