[REVISION HISTORY]
Greek government SME, housing, and infrastructure financing
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2026-10-18 09:10 UTC → 2026-10-19 05:57 UTC ·
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The Greek government has introduced several financial initiatives to support small and medium-sized enterprises (SMEs) and housing. Prime Minister Kyriakos Mitsotakis announced that 1.5 billion euros from the Recovery Fund will be transferred to the Hellenic Development Bank (EAT) to facilitate SME lending, aiming for a total of 5 billion euros in financing through private capital leverage. He also announced the ‘Spiti mou III’ housing program, valued at 2 billion euros, scheduled for implementation in early 2027. Deputy Minister of Development Stavros Kalafatis has detailed three primary financing pillars for SMEs involving tax relief, low-cost liquidity, and risk capital. Broadening the scope of national recovery, the Ministry of National Economy and Finance reported that Greece is utilizing 35.95 billion euros from the EU’s Recovery and Resilience Facility (RRF). As of October 2026, the loan component of the RRF has mobilized over €50 billion in total investments. Within this, €1 billion is directed toward real estate companies, contributing to a broader real estate sector investment of €8 billion, excluding the hotel industry. Structural reforms funded by the Facility include the digitization of public records, aiming to digitize one billion pages, records and land registry mapping, which has reached 99% completion. Regarding the ‘Spiti mou III’ program, the Hellenic Development Bank noted that beneficiaries will receive an extended timeframe to search for and purchase homes. Other ongoing reforms include the development of spatial plans for tourism and industry, alongside the promotion of local urban planning. Further expansion of the RRF-funded initiatives includes the modernization of the primary sector. The sector, the Ministry of Rural Development and Food has finalized the receipt of 315 agricultural investment plans totaling 329.6 million euros under the Economic ‘Economic Transformation of the Agricultural Sector program. Sector’ initiative. These projects, funded by the RRF, represent a total value of 329.6 million euros, with public aid amounting to approximately 160.1 million euros. Of the 457 total applications submitted across two cycles, 348 were approved, totaling 363.44 million euros in approved investments. Central Macedonia saw the highest activity with 144 plans worth 167.60 million euros, followed by Eastern Macedonia and Thrace and Thessaly.
Versions
- 2026-10-19 05:57 UTC Greek government SME, housing, and infrastructure financing
- 2026-10-18 09:10 UTC Greek government SME, housing, and infrastructure financing
- 2026-10-14 18:50 UTC Greek government SME, housing, and infrastructure financing
- 2026-09-30 06:55 UTC Greek government SME, housing, and infrastructure financing
- 2026-09-21 11:06 UTC Greek government SME and housing financing initiatives
- 2026-09-13 12:17 UTC Greek government SME and housing financing initiatives
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