Greece prepares 48 billion euro funding bridge as EU recovery funds expire

As the 36 billion euro Recovery and Resilience Facility (RRF) for the 2021-2026 period nears its conclusion, with final disbursements expected in October, Greece is preparing for a potential investment gap.

To mitigate the end of RRF funding, the Greek government has proposed a 48 billion euro financial bridge through 2030. Additionally, there is a potential for another 49.5 billion euros in European funds through 2036. The Ministry of National Economy and Finance has submitted a Medium-Term Fiscal-Structural Plan for 2025-2028 to Brussels, addressing concerns that economic growth rates may slow once RRF funding ceases. While the EU projects growth rates of 0.7%-0.8% through 2028, Athens anticipates higher rates of 1.3%-1.9% to meet the country's developmental needs of at least 2.5% to 3% annually.