Greece is targeting more than one-third growth in investment spending by 2031 as part of a five-year economic agenda focused on productivity, employment and public finances.
Speaking at the Thessaloniki International Fair in September, Prime Minister Kyriakos Mitsotakis outlined seven economic objectives and 10 major reforms for the coming years. The government aims to increase investment spending from the current €46 billion to €65 billion by 2031, taking investment above 20% of GDP.
The target includes private and public investment financed through national and European resources and is intended to narrow Greece’s investment gap with the rest of Europe.
The government also aims to achieve annual GDP growth of more than 2% over the next five years. Other targets include reducing the debt-to-GDP ratio to 120% by 2029 and below 110% in 2030, as well as raising Greece’s sovereign credit rating from BBB to A.
The agenda also identifies high-tech manufacturing and the modernisation of the agri-food sector as priorities, alongside continued investment in renewable energy. Broader reforms are planned in areas including the public sector, judiciary and education.
Source: Enterprise Greece
