Greece will receive fewer funds for cohesion and the Common Agricultural Policy (CAP) than in the current 2021-2027 program period, according to the European Commission’s proposal for the new Multiannual Financial Framework 2028-2034, if the relevant figures are adjusted for inflation so that they are comparable.
On the other hand, the funds for migration and the social climate fund have been increased. Therefore, the €49.2 billion that correspond in total to Greece, according to the proposal, is the same amount (perhaps slightly less on an adjusted basis) as in the current period.
The government is not enthusiastic about the proposal, considering it, rather, a basis for discussion. Greece’s negotiating position is that cohesion and the CAP are top priorities and their budget must be strengthened.
Compared to the current period, money from the Recovery Fund, which has provided and continues to provide a major boost, will also cease to flow in from 2027. To the €40 billion of the NSRF and CAP, another €36 billion of the Recovery Fund have been added in the current period. In fact, given this, the inflow of investment resources will shrink significantly.