Global Trade Alert
Global Trade Alert

Greece: EUR 792 million investment grants to Gek Terna SA for constructing sections of the northern road axis of Crete

Announcement

18 Jul 2025

In July 2025, the European Commission approved an investment grant from Greece to support the construction of certain sections of the northern road axis of Crete.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jul 2025

Revocation date:

No revocation date

Updated: 06 Oct 2025
Financial grant In force

Recent update from 06 Oct 2025:

On 18 July 2025, the European Commission approved a EUR 792 million (USD 920 million) investment grant from Greece. The measure will support Gek Terna SA, through its Special Purpose Vehicle (SPV),...

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