Greece Submits €3.6bn RRF Payment Request to European Commission

By admin 4 Ιανουαρίου 2022 No comment

Photo source: European Parliament / ©BELGA/AFP/L.Gouliamaki The European Commission said this week it would be assessing in the next two months a request made by Greece for the disbursement of 3.6 billion euros in financial support under the EU’s post-Covid-19 Recovery and Resilience Facility (RRF). Greece submitted the request for the first pre-financing payment –

EU Releases €4bn for Greece to Finance Investments, Reforms

By admin 9 Αυγούστου 2021 No comment

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European Commission President Ursula von der Leyen and Greek Prime Minister Kyriakos Mitsotakis. Photo source: @PrimeMinisterGR The European Commission announced on Monday that it had released 4 billion euros in pre-financing to Greece as part of the EU’s post-Covid-19 Recovery and Resilience Facility (RRF). The amount is 13 percent of the total Greece is entitled to

Greece Expects €4bn of EU Recovery Aid by August

By admin 13 Ιουλίου 2021 No comment

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Photo: GTP Greece expects by the end of the month to have access to approximately 4 billion euros in support from the European Union’s Recovery Fund, said Finance Minister Christos Staikouras this week. Staikouras was in Brussels on Tuesday participating in a meeting of EU finance ministers who approved the recovery plans of 12 member […]

Greece to Direct EU Resilience Funds into Special Forms of Tourism

By admin 18 Ιουνίου 2021 No comment

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Harry Theoharis and Sofia Zacharaki present the ministry’s strategy set out in Greece’s “Ellada 2.0” plan to Prime Minister Kyriakos Mitsotakis and European Commission President Ursula von der Leyen. Photo source: @htheoharis Special forms of tourism linked to agriculture and marine activities are the two main areas to benefit from EU relief funds after the […]

EU Approves Greek Recovery Plan, Paves Way for Funding

By admin 17 Ιουνίου 2021 No comment

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European Commission President Ursula von der Leyen and Greek Prime Minister Kyriakos Mitsotakis in Athens. Photo source: European Commission The European Commission approved Greece’s resilience plan paving the way for the release of 30.5 billion euros to go towards reforms and investments that will enable the country to emerge stronger after Covid-19. Prime Minister

Greece Anticipates Recovery Plan Approval in June

By admin 11 Μαΐου 2021 No comment

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Hellenic Parliament, Athens. Greece’s national recovery and resilience plan which includes billions of euros worth of upgrade projects and reforms is expected to get the EU’s approval in June, said European Commission Vice-President for Promoting Our European Way of Life, Margaritis Schinas, at the 6th Delphi Economic Forum which opened on Monday. Schinas announced the

Greece Submits National Recovery Plan to EU

By admin 28 Απριλίου 2021 No comment

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Photo Source: @European Commission The Greek government submitted the final draft of its ambitious national recovery plan to the European Commission, which is aimed at dealing with the repercussions of the coronavirus pandemic, hoping to have the first disbursement in before the end of the summer. Dubbed Greece 2.0, the four-pillar plan is expected to pave […]

Greece 2.0: EIB to Help Manage €5bn of Greek Recovery Plan Investments

By admin 12 Απριλίου 2021 No comment

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Photo © GTP The European Investment Bank (EIB) on Monday formally agreed to help manage up to 5 billion euros as part of Greece’s implementation of the National Recovery and Resilience Plan, known as “Greece 2.0”. The new agreement, signed between the Greek Finance Ministry and EIB, represents the first time that the European Investment […]

Greek Tourism to Gain from ‘Ellada 2.0’ Resilience Plan

By admin 31 Μαρτίου 2021 No comment

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Alternate Finance Minister Theodore Skylakakis (center) presents the “Ellada 2.0” scheme. Photo source: @Thodoros Skylakakis The Greek tourism sector stands to gain from a total of 57 billion euros in funding out of the country’s national recovery and resilience plan which includes projects, investments and reforms in four key areas and was presented on Wednesday. […]