ECIPE — European Centre for International Political Economy

A study by ECIPE

Cloud and AI Development Act (CADA)

The real-world economic impact of the Cloud and AI Development Act

Impact by country

Greece

€2.4bn
10-year exposure, Medium scenario
€1.6bn
One-off migration cost, Medium
€67m/yr
Recurring price effect, Medium

Cost per person in the working-age labour force

Per economically active person (age 20–64), 10-year horizon

Measure Narrow Medium Broad
10-year total economic exposure €151 €517 €1,093
Effect on the real GDP level -€4 -€15 -€34

Annual recurring cloud-service price effects

€ million, 2025 expenditure base

Sector
Scenario Per year 5 years 10 years
Narrow €27m €134m €269m
Medium €67m €335m €670m
Broad €135m €675m €1.4bn

Migration and systems-redesign costs

Present value of one-off transition costs, € billion

Sector
Narrow €376m
Medium €1.6bn
Broad €3.4bn

Ordinary public support

€ million, public sector

Narrow €0.6m
Medium €5.9m
Broad €19m

Transition scarcity costs

Present value, € million, public and private sectors combined

Narrow €0.4m
Medium €6.5m
Broad €29m

Downstream ICT-vendor exposure

Domestic vendors affected, and annual value added at risk

1
Narrow – vendor equivalents affected
3
Medium – vendor equivalents affected
6
Broad – vendor equivalents affected
€12m
Narrow – annual value added at risk
€49m
Medium – annual value added at risk
€112m
Broad – annual value added at risk

Combined delayed cloud and AI benefits

€ billion, forgone productivity gains

Narrow €1.7m
Medium €22m
Broad €75m