Economic analysts are already warning that a sharp break in the flow of resources may create a significant investment gap, particularly for the economies of the European South that were heavily based on the Recovery Fund. The Recovery and Durability Fund, the 36 billion-euro programme that has largely determined the progress of the Greek economy over the last five years, is entering [...]
Loading Text-to-Speech... Investment projects of around EUR 4 billion that were thought to have been secured through the Recovery Fund (TAA) remain on paper, but due to a lack of money they will not proceed. These are major energy projects, tourism and commercial projects or real estate by high capitalisation companies that, while they rushed to submit a full funding request up to [...]
The Greek economy is improving, but convergence with the Eurozone is lagging behind. Per capita GDP reached 68% of the EU average. in 2025, but without exceeding the 2008 level. According to Declan Costello of the European Commission, household purchasing power remains below the pre-crisis levels. Obstacles are the business environment, demographic trends, labour taxation and skills mismatch. The Recovery Fund helped, but Greece will continue to rely on European funds after its expiry in 2026.
