What is PIP (Public Investment Program)?

PIP stands for the Public Investment Program in Greece.

What is the Public Investment Program (PIP)?

The PIP is a key financial tool of the Greek state, used to fund investment projects and actions aimed at national development, economic support, and the improvement of infrastructure and social services.

It includes:

• Infrastructure projects (roads, ports, hospitals, schools, etc.)

• Subsidies for private investment plans through government programs (such as the NSRF/ESPA)

• Research and innovation projects

• Environmental initiatives

• Social benefit programs through development actions

Key Features:

• It is separate from the regular state budget.

• It aims at long-term growth, not everyday operational state expenses.

• It is designed and managed by the Ministry of National Economy and Finance.

Sources of Funding:

The PIP is funded by:

• National resources (e.g., taxes, state budget)

• European funds (e.g., NSRF/ESPA, Recovery and Resilience Facility, Cohesion Fund, etc.)