The European Commission today allocated an additional € 9 billion under the NextGenerationEU Recovery Fund. This is the 9th joint venture under NextGenerationEU and the 4th in 2022. It consisted of a new three-year bond of € 6 billion, maturing on July 4, 2025 and € 3 billion of an existing 30-year bond maturing on […]
Tag: NextGenerationEU
‘Green light’ from Commission for 3.6 billion euro tranche from Recovery Fund
By Tasos Dasopoulos The green light for the disbursement of the 3.6 billion euro tranche from the Recovery Fund, requested by Greece on December 29th, gives a positive preliminary assessment approved today by the European Commission. The € 3.6 billion tranche consists of € 1.7 billion in grants and almost € 1.9 billion in loans […]