Greece was among the first four EU Member States to submit its national recovery and resilience plan (NRRP) in April 2021. Since then, Greece has modified its plan in December 2023, adding a REPowerEU chapter and expanding its loan programme, and in July and December 2024, introducing smaller targeted revisions. The Greek plan now envisages investment and reforms worth €35.9 billion, to be implemented up to 2026; €18.2 billion will be financed from non-repayable financial support (grants), while the loans amount to €17.7 billion. The plan corresponds to 4.8 % of the Recovery and Resilience Facility (RRF), and represents 19.6 % of Greece's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). This is the fifth largest national allocation and the highest amount as a share of national GDP across the EU. The five-pillar Greek plan addresses the country's specific challenges, and also contributes to EU priorities such as the green transition and digital transformation, allocating 38.2 % and 21.6 % to the respective targets. Greece has so far received €18.2 billion (50.7 % of its total allocation) in the form of pre-financing (€4 billion), and four payments each for grants and loans. Another five disbursements for grants and loans (with the next one expected in spring 2025) are envisaged up to 2026 on fulfilment of the agreed milestones and targets, of which Greece has achieved 27 %. The European Parliament, which supported an EU recovery instrument from the start of the pandemic, is involved through a regular, structured dialogue with the European Commission and the Council, and is competent to scrutinise RRF implementation. This briefing is one in a series covering all EU Member States. Third edition. The authors would like to thank Amalia Fumagalli, trainee in the Next Generation EU Monitoring Service, for her research assistance. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans. Source : © European Union, 2025 - EP Read more