The Ministry of Development has imposed a penalty of 6,760.74 euros on a contractor for missing project deadlines on the Investor Information Line. A decision by the General Secretariat for Private Investments confirmed the financial sanction following overdue submissions in the project's fourth implementation phase.
According to the decision published on Diavgeia, the contractor submitted deliverables for the fourth phase on May 29, 2026. The contractual deadline expired on December 31, 2025, and officials had not approved an extension for the agreement.
Legal grounds and project details
The Ministry of Development applied the penalty under Article 218 of Law 4412/2016, which governs sanctions for late fulfillment of contractual obligations. The decision noted that the project is ongoing and has entered its fourth implementation stage.
The Investor Information Line involves developing an information system and call center. The service provides support and information to investors under the framework of the Ministry of Development.
