THE PLAN - Goals & Benefits

Greece 2.0 goes beyond economic recovery by introducing fundamental economic and social reforms, which will affect -apart from the economic activity-, also technologies, attitudes and institutions.

Aiming at:

Benefits:

MEASURES - Key Investments and Reforms

Upgrading energy efficiency of buildings for households, enterprises and the public sector
Investments in culture, tourism and the agri-food sector as drivers of growth
Upgrading research institutes
5G infrastructure, fast broadband connections, fiber optic infrastructure in buildings, submarine fiber cables
Large investments in health, education and social inclusion of vulnerable groups
Promotion of e-mobility through a modern institutional framework

Our News

Greece: EIB first Recovery and Resilience Facility transaction backs a €524million landmark project with Greece’s Independent Power Transmission Operator to connect the Western and Southern Cyclades islands to mainland electrical grid

The European Investment Bank (EIB) and Greece’s Independent Power Transmission Operator (IPTO) have signed a long-term loan agreement of €108 million using Recovery and Resilience Facility (RRF) funds to co-finance the construction of a vital power interconnector between mainland Greece...

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Establishment of guarantee instruments providing access to finance of Greek SMEs via Greece 2.0 RRP funds under the InvestEU initiative

Three new guarantee instruments facilitating access to finance for Greek SMEs will be established by the signature of a new contractual framework between Greece and the European Investment Bank Group, under which the EIF will manage EUR 400 million of...

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Submission of 2nd payment request for 3.56 billion euros

The second payment request for the National Recovery and Resilience Plan "Greece 2.0", was submitted on Friday, September 30 to the European Commission, signed by the Alternate Minister of Finance, Mr. Theodore Skylakakis.

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Financing agreement for the National Recovery and Resilience Plan Greece 2.0 project signed

The Financing Agreement with the European Commission’s concerning the 17.8 billion EUR requested by Greece under the National Recovery and Resilience Plan “Greece 2.0" was signed in Athens and Brussels on 23rd July 2021.

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Theodore Skylakakis: “ The National Recovery and Resilience Plan presents a historic challenge and a unique opportunity for Greece”

The Alternate Minister of Finance, responsible for preparing and coordinating the implementation of the National Recovery and Resilience Plan, Mr. Theodore Skylakakis, made the following statement.

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NextGenerationEU: European Commission endorses Greece’s €30.5 billion recovery and resilience plan

The European Commission has today adopted a positive assessment of Greece's recovery and resilience plan.

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The Alternate Minister of Finance Mr. Theodore Skylakakis officially submitted the National Recovery and Resilience Plan “Greece 2.0” to the European Commission

The Alternate Minister of Finance Mr.Theodore Skylakakis, visited the offices of the European Commission in Athens this morning and handed over a copy of the National Recovery and Resilience Plan “Greece 2.0”.

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Public Presentation of the National Recovery and Resilience Plan

The Prime Minister Kyriakos Mitsotakis, on 31st March 2021, publicly presented the National Recovery and Resilience Plan, “Greece 2.0”.

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July 17, 2020

Approval of the Next Generation EU from the European Council

November 24, 2020

Submission of the Strategic Pillars of the Greek Plan

February 12, 2021

Establishiment of the Recovery and Resilience Mechanism

March 16, 2021

Presentation of the National Recovery and Resilience Plan at the Greek Parliament

April 27, 2021

Official Submission of National Recovery and Resilience Plan “Greece 2.0“ to the European Commission

June 17, 2021

Endorsement of “Greece 2.0” by the European Commision

July 13, 2021

Approval of Greece 2.0 plan by ECOFIN

July 23, 2021

Financing Agreement of Greece 2.0 signed