Can Greece Deliver on Its €65 Billion Investment Target?

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The Greek government has set itself an ambitious investment target: raising annual investment from about €46 billion to more than €65 billion, equivalent to around 20% of GDP, as it seeks to close a long-standing gap with the rest of Europe.

Getting there would require an increase of roughly €19 billion from current levels. The challenge is not simply one of funding. It is whether Greece can turn a large pool of available public and private capital into actual investment quickly enough, while navigating risks ranging from market volatility and higher financing costs to political and geopolitical uncertainty.

The scale of the gap remains significant. According to a study by the Center for Liberal Studies – Markos Dragoumis (KEFiM), an independent, nonpartisan liberal think tank in Greece, fixed-capital investment stood at 16.88% of GDP in 2025, compared with 21.32% across the EU-27. Despite a recovery since 2020, Greece remained 4.4 percentage points below the EU average. Most of the shortfall was in private investment, and particularly business investment. Public investment, by contrast, was already broadly in