Greece invests 330 million euros to modernize farms
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The Greek government has completed 315 investment projects totaling 329.6 million euros to modernize the country’s primary agricultural sector through the Recovery Fund.
These projects, funded by the Recovery and Resilience Facility, aim to improve the economic efficiency of farms, encourage cooperation between farmers, and strengthen their position in the market. Of the 457 applications submitted, 348 were approved, with the finalized projects representing over 90% of those approvals.
The Ministry of Rural Development and Food reports that public funding for these projects reached 160.1 million euros. According to Antonis Filippis, Secretary General of Agricultural Policy and International Relations, the program prioritizes changing how farms operate, encouraging collaboration to improve economic performance and facilitate restructuring. The government also hopes to support innovative processes and environmentally friendly technologies within agricultural practices.
The majority of these completed investments are concentrated in the region of Central Macedonia, accounting for 144 projects worth 167.60 million euros and 80.45 million euros in public participation. Eastern Macedonia and Thrace, and Thessaly also received significant investment, collectively representing 76% of the completed projects. The government plans to assess the results of these investments on efficiency, competitiveness, and resource management beyond simply tracking administrative progress.
