Greece 2.0 seeks to transform the economy. Does it go far enough?

Greece’s 2.0 blueprint for economic transformation aims to make Greece greener and more efficient – and to crack down on tax cheats. But does it go far enough?

On the day United States President Joe Biden presented his $2.3 trillion infrastructure bill, Greece unveiled a vision of state-driven economic regeneration that shares many of Biden’s priorities. Greece 2.0 aims to leverage 57 billion euros ($67bn) over six years to rebuild network industries, reform state services, attract investment and boost exports. Among other things, the omnibus plan would redesign the electricity grid to absorb renewable energy, install high-speed fibre optic and 5G wireless networks across the country, digitise government, hospitals and schools, modernise railways and reforest 16,500 hectares (40,772 acres) of burnt land.