EC Report Reveals Greece’s €2.3 Billion Shortfall for Vital Environmental Projects

Greece faces a significant challenge in funding its environmental projects. According to the 2025 European Commission Environmental Implementation Review, the country has a shortfall of €2.3 billion each year. This funding gap hampers projects aimed at crucial areas like biodiversity, pollution control, and water management.

To break it down, Greece needs €5.3 billion for essential environmental work but manages to secure only about €3 billion. This deficit equals 1.12% of its GDP, which is notably higher than the EU average of 0.77%. Such funding issues underline serious weaknesses in the country’s environmental governance.

Since 2014, Greece has paid over €184 million in fines for not adhering to EU regulations regarding waste and sewage. Alarmingly, around 80% of urban sewage ends up in landfills instead of being recycled. This highlights a systemic problem within the country’s environmental framework.

Moreover, Greece is lagging in implementing conservation measures for Natura 2000 protected areas. The European Commission recently initiated a new infringement procedure against Greece due to these ongoing failures.

Water usage presents another concern. In the third quarter of 2022, Greece’s seasonal water exploitation index soared to 33.6%, significantly above the EU’s 20% threshold for sustainable usage. While water quality remains high—95.8% of drinking and bathing water meets rigorous EU standards—there are growing concerns about nitrate pollution in groundwater.

Air pollution is also a major health issue. Despite some improvements, the Commission has taken action against Greece for repeated violations of air quality limits.

On a brighter note, progress has been made in urban wastewater treatment, though delays in infrastructure projects continue, particularly in Eastern Attica.

The strategic importance of Greece’s natural environment cannot be overstated, especially for tourism. It is vital for the economy and future growth. Underinvestment in environmental projects not only leads to degradation but also threatens the thriving tourism sector that is so critical to Greece’s economy.

In light of these issues, experts emphasize that a comprehensive approach is essential. Investment in the environment could yield long-term benefits, not just for nature, but for the economy as well. As Greece navigates these challenges, the focus should be on sustainable practices that preserve its rich natural heritage and enhance its economic viability.

For further details, you can explore the European Commission’s Environmental Review.

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