‘Unlock’ funds of 8 billion euros by 2032 – the plan for the environment, growth, housing, islands and poverty

Today the government is released today (30.06.2025) the complete plan to utilize resources offered by three European fundstotal height budget About € 8 billion by 2032, with the environment, growth, everyday life and poverty.

The three funds that are being activated are the Social Climate Fund with a budget of € 4.7 billion, the islands of the islands of € 1.7 billion and the Modernization Fund for € 1.7 billion and their utilization is expected to be a key pillar of government policy and 20-20 Other development, social and environmental measures, and is essentially “the next day after the recovery fund”, as the Deputy Prime Minister said.

The design, coordinated by the Deputy Prime Minister of Kostis Hatzidakis and includes the contribution of a series of ministries, with a central role in the Ministry of Environment and Energy, is presented at a press conference attending Energy Ministers Stavros Papastavrou, Development Takis Takis Vassilis Kikilias.

A common source of funding for the three new funds is the emission rights trading system (SEDE or ETS), from which CO2 pollutants are raised.

The ten interventions announced by Kostis Hatzidakis are:

  1. Upgrade of the Athens subway
  2. New Electric Buses in Athens and Thessaloniki
  3. Energy Shielding of Homes
  4. Upgrading to student halls
  5. Construction of social housing
  6. Electrical interconnections in the islands
  7. Modernization of fleet of ferry
  8. Water supply, irrigation and power generation in the islands
  9. Energy Upgrading for Small and Very Small Businesses
  10. Improvement of daily life and other vulnerable

More in a little while…



Macro-economy

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