New subsidy program for construction

New subsidy program for construction

The construction sector and others dependent on it are in for a massive investment injection in the coming years through the new state subsidy program “Exoikonomo-Aftonomo,” which kicks off on Friday in the region of Epirus and will cover the entire country in the next few weeks.

The program provides for the 900-million-euro subsidization of upgrades to existing residential buildings for the next three years, while along with the contribution of resources from the Next Generation EU fund too, the sum of subsidies to these sectors is expected to reach up to €3 billion.

The financial impact of the program is such that it effectively doubles the annual amount of investments in Greece’s homes, as in the three years from 2016 to 2018, the sum invested in the country’s residential constructions amounted to €3.6 billion.

For Attica, the program is scheduled to start running as of Monday, December 14.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.