Greece Country Summary

FATF Status

Greece is not on the FATF List of Countries that have been identified as having strategic AML deficiencies

Compliance with FATF Recommendations

The last Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in Greece was undertaken in 2019. According to that Evaluation, Greece was deemed Compliant for 15 and Largely Compliant for 22 of the FATF 40 Recommendations. It was deemed Highly Effective for 0 and Substantially Effective for 5 of the Effectiveness & Technical Compliance ratings.

Greece faces significant challenges related to crime and corruption, despite having established anti-corruption laws and oversight bodies like the National Transparency Authority. The country grapples with serious issues such as human trafficking, drug trafficking, and financial crimes, while also contending with a judicial system that suffers from corruption and political influence, undermining public trust in law enforcement and the effectiveness of anti-crime policies.

Greece's economy has shown resilience and growth following a series of reforms aimed at enhancing its investment climate, particularly in the wake of the financial crisis. The government has actively pursued policies to attract foreign direct investment (FDI), including the implementation of a comprehensive investment law and the digitization of government services, which have contributed to a favorable environment for both domestic and international investors. As a result, Greece regained an investment-grade credit rating in 2025, and significant investments from U.S. companies across various sectors are projected to generate substantial economic impacts, further bolstered by €35.95 billion in European Recovery and Resilience Facility funds expected by mid-2026.