Financial Tools


Financial tools for the implementation of investment plans
Development Law  - NSRF 2021-2027 -  National Recovery and Resilience Plan 


Development Law

Subsidy/ Tax Exemption / Leasing subsidy

The new Development Law emphasizes on the strengthening of small and medium-sized enterprises, the creation of innovative, extroverted and sustainable enterprises and the subsidizing of very small and small enterprises.

13 new state aid schemes are introduced for investment projects.

The investment plans that are subject to the Development Law should have the character of an initial investment and aim at the creation of a new unit, or the expansion of the capacity of an existing unit, or the diversification of the production of a unit into products or services that have never been produced in it, or finally to the fundamental change of the whole production process of an existing unit.

Depending on the type of investment, the size of the company, the status and the investment area, the subsidy can range from 30% to 75% of the budget of each project, with a maximum subsidy amount of either € 10 million per submitted investment plan, or € 20 million in total if there are collaborating companies, or € 30 million in total for a company group  together with the collaborating or affiliated companies.


NSRF - Subsidies for Small and Medium Enterprises

The NSRF 2021-2027 consists of 22 Programs, of which 9 are Sectoral and 13 Regional:

– The Sectoral Programs (Competitiveness, Human Resources and Social Cohesion, Digital Transformation, Environment and Climate Change, Transport, Civil Protection, Just Development Transition, Technical Assistance and Beneficiary Support, Fisheries, Beneficiary Support, Fisheries, Health) country

– The Regional Programs ( Eastern Macedonia Thrace, Central Macedonia, Western Macedonia, Ionian Islands, Epirus, Thessaly, Central Greece, Attica, Western Greece, Peloponnese, North Aegean, Crete, South Aegean) one for each of the Greek Regions, include actions of regional scope.

– In the framework of the period 2021-2027, 5 Territorial Cooperation Programs are being implemented – Interreg (Greece – Albania, Greece – Bulgaria, Greece – Cyprus, Greece – Italy, Greece – North Macedonia)


The National Recovery and Resilience Plan “Greece 2.0”

The National Recovery and Resilience Plan “Greece 2.0”was approved by ECOFIN on 13 July 2021. “Greece 2.0” includes 106 investments and 68 reforms, divided in 4 pillars amounting to 31.16 billion euros, of which 30,5 billion are European funds  (18.43 billion euros in subsidies and 12.73 billion euros in loans). Its aim is to mobilise a total of 60 billion euros in investments in the country over the next five years.

The pillars on which the Recovery plan will be based on are the following:

Pillar 1: Green Transition
Pillar 2: Digital Transformation
Pillar 3: Employment, skills and social cohesion
Pillar 4: Private Investments, Transformation of the economy

A) Business Investment Plan Loans

The Recovery and Durability Fund Loans will cover a maximum of fifty percent (50%) of the total eligible investment costs of the financed investments, while the private participation of the companies will cover, at a minimum, a percentage of twenty percent (20%) of the total eligible investment costs. At least thirty percent (30%) of the total eligible investment costs will be covered by a loan from the credit institutions.

B) Grants

The grants of the Recovery and Sustainability Fund (TAA) are aimed at financing sectoral private investments (Tourism, Agricultural investments, etc.) and are expected to start in 2022.