In an exclusive interview with “N,” Alternate Minister of National Economy and Finance, Nikos Papathanasis, highlighted that the boost in NSRF fund absorption, additional national resources, and three new financing tools totaling 8 billion euros will be crucial in supporting investments following the conclusion of the Recovery Fund.
Addressing the ongoing geopolitical crisis, particularly the unpredictable developments stemming from U.S. involvement in the Iran-Israel conflict, Papathanasis emphasized the collective responsibility to respond effectively for the sake of international peace. He noted that with experience, careful planning, and determination, Greece can navigate these challenges.
He reassured that not a single euro from the Recovery Fund will go to waste, expressing confidence that by the end of August 2026, Greece will achieve all necessary milestones and reforms. He also pointed out the importance of increasing foreign direct investments, contingent on the volatile conditions in the Middle East not posing significant hindrances.
On the revision of the NSRF, Papathanasis indicated a reallocation of resources towards housing, defense, research, and innovation sectors.
He announced the revival of the TEPIX III Loan Fund with an allocation of 200 million euros, the extension of the Fair Development Transition Fund to Aegean islands with populations up to 3,100, and the launch of the “Extroversion” program on July 15, also with a budget of 200 million euros.
Additionally, he mentioned that the government intends to implement specific measures to significantly cut down payment delays for public suppliers.
