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

By admin 9 Αυγούστου 2021 No comment

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

Recovery Funds to Go into Acropolis Upgrade Works

By admin 22 Ιουλίου 2021 No comment

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The Acropolis, Athens Photo: @Ministry of Culture / © Studio On_Stelios Tzetzias Twelve projects including upgrade works on the Acropolis have been cleared for funding out of “Greece 2.0” – the country’s 1.42-billion-euro recovery fund approved earlier this month. Alternate Finance Minister Theodore Skylakakis gave the green light to the release of funds which will […]

Greek Tourism Enterprises Stand to Gain from EU Recovery Funds in Three Ways

By admin 14 Ιουλίου 2021 No comment

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Loans that will support investment, a full-fledged tourism development strategy and tapping into parallel aid programs are the three ways the Greek tourism industry is set to benefit from EU recovery funds, said Alternate Finance Minister Theodore Skylakakis on Wednesday. Speaking during an event organized by the Tourism Ministry and the Hellenic Chamber of Hotels […]

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 […]

‘Tourism can be the Doctor of Greek Economy’ this Year, Says Minister

By admin 2 Ιουλίου 2021 No comment

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Targeted and efficient use of EU recovery funds are key to restoring tourism to Greece post-Covid-19, which will in turn bolster the economy, said Tourism Minister Harry Theoharis at a Delphi Forum tribute event this week. Participating in a panel discussion on “recovery and resilience and management of Recovery Fund resources”, Theoharis said tourism can […]

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 […]

Greek Professionals Welcome Aid for Covid-19 Tour Bus Losses

By admin 30 Οκτωβρίου 2020 No comment

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Greek tourism enterprises operating buses welcomed on Friday the approval of 20 million euros in aid to cover Covid-19-related losses in July and August. The General Panhellenic Federation of Tourism Enterprises (GEPOET) said the joint ministerial decision on the initiative of Tourism Minister Harry Theoharis and announced by Alternate Finance Minister Theodore

Greek Gov’t Mulls Tax Relief for Covid-hit Businesses

By admin 25 Αυγούστου 2020 No comment

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Andrianou Street in Plaka, Athens. Photo © Maria Theofanopoulou Greek business owners impacted by the Covid-19 health crisis will have more time until the end of the year to pay off their tax obligations, said Alternate Finance Minister Theodoros Skylakakis. Referring to seasonal enterprises – those mostly active in tourism – Skylakakis told ANT1 TV […]