Greece has submitted its final two payment requests under its National Recovery and Resilience Plan, Greece 2.0. The ninth and final grant request is worth €4.4 billion, while the eighth and final loan request is €2.35 billion, a combined €6.75 billion.
The European Commission is also completing its assessment of requests filed in May: an eighth grant payment of €865.8 million and a seventh loan payment of €3.68 billion. Approval of those instalments, totalling about €4.6 billion, was delayed after Athens revised Greece 2.0; the revised plan was approved in July. Athens expects total receipts from the requests cited to reach €11.3 billion by year-end.
Supporting documents may show a deviation of up to 10% from a project’s cost for it to qualify as completed. The paperwork must be submitted by year-end, which is also the Commission’s deadline to disburse the funds. From 2027, the Commission will continue annual monitoring of Greece’s country-specific recommendations under the European Semester, including measures financed by the recovery fund.
The finance ministry’s multi-year plan projects public investment programme spending falling from €16.7 billion this year to €10.6 billion in 2027, then rising to €11.9 billion in 2028, €13 billion in 2029 and €14.2 billion in 2030.
Other investment sources after the recovery fund include the €23 billion National Development Programme for 2026–2030, the Social Climate Fund, EU cohesion policy for 2028–2034, a new Hellenic Development Bank financing model and the Modernisation Fund. Under the EU’s proposed next multiannual financial framework, currently under negotiation, Greece could receive more than €49 billion.