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Greece leverages RRF success for future economic growth

At the Sixth Thessaloniki Metropolitan Summit, Deputy Minister of National Economy and Finance Nikos Papathanasis discussed the transition of the Greek economy following the completion of the Recovery and Resilience Facility (RRF). He stated that the successful implementation of the RRF has demonstrated Greece's operational capacity to execute demanding programs, addressing previous doubts regarding the country's ability to manage large-scale projects.

This success is intended to serve as a guide for negotiating the next programming period for 2028-2034, which is valued at 49.5 billion euros. This upcoming framework is expected to be performance-based, linking investments to strict timelines and structural reforms designed to simplify business processes.

The Greek government's strategy aims to maintain economic growth rates above 2%, reduce the tax burden, increase wages, and foster an attractive environment for investment. On a European level, priorities include maintaining policy cohesion, supporting the Common Agricultural Policy, and creating new financial tools for competitiveness, energy, and housing, particularly ahead of Greece's presidency in the second half of 2026.

Entities

Greece · Nikos Papathanasis · Recovery and Resilience Facility · The Economist · Thessaloniki Metropolitan Summit

Sources