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Article 4 Resources

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  • Governance & Institutions: Public procurement
  • Economic and Financial Policy: Public finances
  1. The Company is designated as the final beneficiary of programmes and actions resulting from funding through EU and national funds and may partner with public bodies for the joint implementation of projects, programmes and actions. The Company may be financed for the fulfilment of its objectives from resources of the Public Investment Development Programme, without prejudice to the specific institutional frameworks it finances and Law 5140/2024 (Government Gazette, Series I, No 154), by other public sector bodies, as defined in Article 14(1)(a) of Law 4270/2014 (Government Gazette, Series I, No 143), from other international programmes, as well as be subsidised from the regular budget of the other Ministries.
  2. The annual funding of the Company from national resources may not exceed fifty percent (50%).

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  1. 3637 avatar
    3637

    Article 4 – Resources: “The Company is defined as the final beneficiary of programmes and actions deriving from funding through EU and national funds and may partner with public bodies for the joint implementation of projects, programmes and actions.” It is clear from this description that it is an SA financed from national and Community funds. This is therefore, by definition, a distortion of the concept of a legal person governed by private law. It should be designated as a legal person governed by public law under the full supervision of the competent ministry and within the respective legal framework.

    🤖 AI AnalysisℹAI analyzed this comment and extracted the main posts expressed by the author. Each position is broken down into arguments – click to see them.✦ Created with AI
    📍 Designation of the company as a legal entity under the full supervision of the Ministry 1 business
    🟢 The company is funded by national / European resources, violates the concept of a legal entity governed by private law

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