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Infrastructure in Greece-Funding the future

PwC, (2017), “Infrastructure in Greece-Funding the future”, March

In Greece, the infrastructure investments were affected by the deep economic recession. The infrastructure investment gap is between 0.8 pp of GDP (against the European average) or 1.4 pp of GDP (against historical performance) translating into 1.1% or € 2bln new spending per year. Infrastructure investments have an economic multiplier of 1.8x** which can boost demand of other sectors. The construction sector will be enhanced creating new employment opportunities on a regular basis, attracting foreign investors and improving economic growth. Greece is ranked 26th among the E.U. countries in terms of infrastructure quality, along with systematic low infrastructure quality countries, mostly in Southern Europe.

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