Supplementary Budget of €500 Million for Public Investments Announced

Half a billion euros from the surplus of 2024 will be reinvested into the economy in the form of additional public investments, as announced today (April 22, 2025) by Prime Minister Kyriakos Mitsotakis and detailed by the economic cabinet during a press conference. The performance of last year’s budget was remarkable (a primary surplus of 4.8%, or €11.4 billion), leading the government to return measures totaling €1.1 billion to citizens. Among these measures, €500 million will boost the National Public Investment Program (PDE) annually, starting this year. This addition means that Greece is heading towards its largest PDE in history by 2026. Initially, the budget foresaw an increase in the PDE by €2.75 billion this year; however, with the supplementary budget addition of €500 million, the total increase will reach €3.25 billion, allocated to infrastructure projects, disaster recovery efforts, state aid programs, regional development initiatives, and complementary interventions. With this increase in funding for public investments, the 2025 PDE will be the highest in 15 years, reaching €14.6 billion, including €3.25 billion in national funding, €6.45 billion in co-financed funds, and €4.9 billion from the Recovery Fund. Overall, the growth in resources for public investments reaches 9.6% compared to 2024, while in 2026, we are moving toward a massive PDE with an additional 16% increase compared to this year. It is noted that since 2020, the PDE has been increasing annually by 5-7% of GDP.