Greece defaulted on its debt in 2015, after years of economic crisis and austerity measures. Since then, Greece has implemented several reforms and received financial assistance from the EU, European Central Bank, and International Monetary Fund. Greece successfully exited its third and final bailout program in 2018.

Greece is now trying to recover from the economic fallout of the pandemic with a National Development Plan called “Greece 2.0.” The plan aims to use €57.5 billion from the EU Recovery Fund and €16 billion from national funds to invest in green energy, digital transformation, infrastructure, education, health, and social cohesion. The plan also includes 170 projects that are expected to create 200,000 jobs and boost GDP by 7% by 2026.
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