Hellenic Aid was established 1999, under the Ministry of Foreign Affairs. It is responsible for monitoring, coordinating, supervising and promoting emergency humanitarian aid activities and other forms of aid, as well as for development assistance for the reconstruction and rehabilitation of infrastructure in developing countries. The aid is implemented by NGOs, ministries and other agencies. Hellenic Aid is managed by a Director General, who reports to the Minister for Foreign Affairs.

According to the legal framework [Law 2731/1999 (Official Gazette 138/A/5-7-1999 and Presidential Decree 224/2000 (Official Gazette 193/A/6-9-2000)], the inter-ministerial committee for international economic relations (EOSDOS), chaired by the Minister of Foreign Affairs, co-ordinates development policy. Approximately 14 ministries are involved in development co-operation, which make contributions to specific programmes and funds managed by international organizations, through their own budget lines. The main institutional players in terms of official development assistance volume, both bilateral and multilateral, are the ministries of Finance; Foreign Affairs; National Defense; Education, Research and Religions; Economy and Development and the Ministry of Interior.

ECIO was established in 1988. An autonomous legal entity in private law, it is a non-profit organization governed by a 9-member board of directors and supervised by the Ministry of Economy and Development. Its state guarantee capital amounts today to €1.47 billion. ECIO insures the export credits granted by Greek exporters to foreign buyers abroad against commercial and political risks of non-payment, and the investments undertaken abroad by Greek entrepreneurs against political risks.