
Nearly 80 billion euros will flow into Greece in the coming years, as Prime Minister Kyriakos Mitsotakis made known, during his speech at the conference on the new NSRF 2021-2027, in Kalamata, stressing that Greece is not at the tail end of developments, but at the forefront.
The PM noted that Greece is the first Member State to receive a positive response to the Pact for Cohesion Policy, ie the old NSRF, while referring to the funding program of 26.2 billion, which complements other financial instruments such as the Greece 2.0 recovery plan with total appropriations exceeding 30 billion euros. Along with the funds for the common agricultural policy this totals 80 billion euros.
According to Mr. Mitsotakis. the 8th EU Cohesion Report confirms that from 2014 to 2020 funding contributed 2.6% to GDP growth in the least developed regions.
The Prime Minister pointed out the importance of European programs in the development of the country and as he said from 2000 to 2017, 66 billion euros financing growth flowed into Greece from cohesion policies. Mr. Mitsotakis did mention that during that time there had been mismanagement of funds in some cases.


Latest News

Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region