€16 Billion Boost for Greece – The 7 Strategic Pillars of the New National Development Program

A €16.198 billion development injection is set to energize the Greek economy through the National Development Program (NDP) 2026–2030, now under public consultation by Deputy Minister of National Economy and Finance, Nikos Papathanasis.

The NDP aims to serve as the central pillar of Greece’s growth strategy, channeling national resources toward projects that promote socially fair and sustainable development. The initial budget of €12.827 billion, funded entirely by national resources, is expected to reach €16.198 billion through a strategy of overcommitment, ensuring full absorption of available funds and compensating for potential delays or project cancellations.

Funding Allocation

The program’s resources are distributed across three main categories:

• Sectoral Programs (SP): €8.737 billion (68.11%)
• Regional Programs (RP): €2.5 billion (19.49%)
• Special Programs: €1.59 billion (12.40%)

The Special Development Programs include:

• Natural Disasters Fund: €800 million
• Just Transition Fund: €150 million
• Public-Private Partnerships (PPPs): €600 million
• Prime Minister’s Office Program: €20 million

The 7 Strategic Axes of the NDP 2026–2030

1. Social Cohesion and Development Health, education, employment, sports, and housing are at the heart of efforts to build a fair and inclusive society, ensuring that economic growth translates into social progress.
2. Infrastructure and Transport Development Investments will target roads, railways, ports, airports, and road safety, aiming to enhance connectivity and mobility across Greece.
3. Civil Protection and Climate Crisis Response Focused on flood prevention, early warning systems, and disaster-resilient infrastructure, this axis seeks to strengthen national readiness and resilience.
4. Innovation, Extroversion, and Competitiveness Strengthening research, entrepreneurship, tourism, and culture, this pillar leverages Greece’s comparative advantages to drive high-value-added growth.
5. Digital Transformation Completion of public sector digitalization, development of digital skills, and enhancement of cybersecurity will help achieve digital inclusion for all citizens.
6. Green Growth and Green Transition Promotion of clean energy, sustainable resource use, and resilient environmental management aims to reduce Greece’s carbon footprint and support a sustainable economy.
7. Program Support and Governance Focused on strengthening administrative capacity, effective program implementation, and performance monitoring, ensuring transparency and accountability.

Key Figures and Targets

• €16.198 billion total budget
• 68.11% allocated to sectoral programs
• €800 million for natural disasters
• €150 million for the Just Transition
• €600 million for PPPs

The NDP 2026–2030 is positioned to become the driving force of Greece’s growth in the coming decade, combining economic modernization with social justice, and linking regional development to innovation and green transition.

The public consultation remains open until November 13, allowing institutions, businesses, and citizens to shape Greece’s development roadmap to 2030.

Source: pagenews.gr