A study investigating how the Greek government can improve the efficiency and effectiveness of projects supported by the European Social Fund Plus in the 2021-2027 Programming Period. The project, launched and funded by the European Investment Bank is to identify whether and how ESF+ could be used for financial instruments and a novel means of supporting social policies in Greece. It Is expected that the leveraging and revolving nature of financial instruments will not only increase the volume of funds earmarked for social goals but also improve their effectiveness. That will lead to reutilising the funds for the same purpose.

The areas studied include:

• Microfinance
• Crowdfunding
• Social Enterprise
• Social Outcome Contracting / Social Impact Bonds