Greece's Ministry of National Economy and Finance flags final-stage tender and first-half 2026 start for the Acquisition and Leaseback Agency for Properties

Greece's Ministry of National Economy and Finance published an interview with Minister Kyriakos Pierrakakis, who is also Eurogroup President, setting out priorities for Europe’s competitiveness and Greece’s transition beyond Recovery Fund support, and providing an implementation update on the Acquisition and Leaseback Agency for Properties. The interview indicated that the notice launching the final stage of the procurement process, the submission of binding offers to appoint the agency’s operator, is expected before the end of the year. The agency is intended to protect vulnerable debtors’ primary residences, including in cases of bankruptcy or enforcement, by acquiring the home and leasing it back with a state rent subsidy and a statutory right to repurchase. Full operation is targeted within the first half of 2026, while an interim support programme remains in force, suspending forced execution on primary residences and subsidising loan instalments up to EUR 210. On funding for 2026, it pointed to around EUR 7.2 billion in grants and over EUR 6.9 billion in loans from the Recovery Fund, a EUR 16.7 billion Public Investment Programme, and a EUR 22.4 billion National Development Programme for 2026–2030, alongside more than EUR 8 billion of additional EU resources for 2026–2032 via the Social Climate Fund, Modernisation Fund and Island Decarbonisation Fund. It also provided an investment outlook, with total investment estimated at EUR 46 billion in 2026 and EUR 51.7 billion by 2029, and highlighted progress on the Savings and Investments Union as part of the agenda to deepen European capital markets.