1 billion euros in energy investments - Economic reform package 2026-2028, increase in foreign investments
The new package of economic development reforms is expected to bring a significant increase in Gross Domestic Product (GDP), improving annual growth by 0.8–1.0 percentage points above the baseline during the period 2026–2028.
According to the program published in the Official Gazette, the reforms include significant investments in renewable energy, amounting to around 914.1 million euros, as well as 117.8 million euros in energy efficiency. These measures are expected to increase export performance and generate a cumulative improvement equal to 1 percentage point of GDP in the first two years of implementation.
Another key pillar is the increase in Foreign Direct Investment (FDI), which is expected to increase from 5% applied to 40% of the total, strengthening the productive capacity and competitiveness of the economy.
Labor market reforms are expected to increase total employment by 1.3% compared to the baseline, while improving judicial efficiency and strengthening the institutional environment will contribute to an additional 0.9% increase in total factor productivity.
According to the Ministry of Finance's Financial Programming model, the employment reform increases potential output by 0.85% and the judicial efficiency reform brings significant expansion through increased productivity.
Taken together, these reforms increase the level of potential GDP by about 1.65%.
The gradual implementation of reforms over 2026–2028 is expected to add an average of 0.55 percentage points to annual GDP growth. Meanwhile, additional measures in energy, exports, and foreign investment will strengthen economic activity through higher capital accumulation, lower production costs, and stronger external demand.
In total, the reform package is estimated to bring the economic growth rate to 4.7–4.9% per year during the period 2026–2028, maintaining macroeconomic stability and avoiding overly optimistic forecasts.
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