By Tasos Dasopoulos The Fund for Recovery and Resilience is gaining momentum regarding the inclusion of new projects, since in the total of 48 that had been included until mid-October, another 50 are being prepared to join, for which the relevant decisions have already been issued. After the signing of the business contract at the […]
Tag: Recovery Fund
The interest rate on business loans was reduced
By Leonidas Stergiou Banks’ profitability in 2022 will be based on cost reduction and increase in commission and transaction income, as further reduction of the interest margin due to competition is expected, despite the positive credit expansion of 10 billion euros. Impressive was the increase in November in consumer loans and even in those with […]
Net financing of 10 billion euros from banks in 2022 – Where they will be given
By Leonidas Stergiou The four systemic banks may have disbursed new loans of 16.5 billion euros in the first nine months of 2021, with an annual target of about 20-22 billion, however the net credit expansion to the private sector was only 58 million euros, according to data of the Bank of Greece. Cause, loan […]
V. Kikilias: The Recovery Fund marks a new cycle of tourism development
The Recovery Fund marks a new cycle of tourism development, emphasizes the Minister of Tourism Vassilis Kikilias in an article on news247.gr, underlining the following: “In this effort to change the model and to achieve the maximum possible result, we utilize the resources of the Recovery and Resilience Fund with more than 320,000,000 euros, without […]
Commission: Greece’s request for € 3.6 billion disbursed from Recovery Fund – Response within two months
The European Commission announced today that on December 29, Greece sent a request for disbursement of 3.6 billion euros in financial support, under the Recovery and Resilience Mechanism (RRF). According to the Commission, Greece’s first payment request concerns 15 milestones covering many reforms and investments in the fields of energy efficiency, sustainable mobility, waste management […]
Commission: Greece’s request for € 3.6 billion disbursement from the Recovery Fund submitted
The European Commission announced today that on December 29, Greece sent a request for disbursement of 3.6 billion euros in financial support, under the Recovery and Resilience Mechanism (RRF). According to the Commission, Greece’s first payment request concerns 15 milestones covering many reforms and investments in the fields of energy efficiency, sustainable mobility, waste management […]
7 billion euro projects are coming in 2022
By Eleni Botas The program of the Ministry of Infrastructure and Transport is in progress, with a total amount of 13 billion, with projects totaling 6 billion (9 road projects and 6 railway projects as well as Metro line 4) to have been auctioned in 2021 and additional projects of 7 billion. to be planned […]
Projects worth 7 billion euros are coming in 2022
By Eleni Botas The program of the Ministry of Infrastructure and Transport is in progress, with a total amount of 13 billion, with projects totaling 6 billion (9 road projects and 6 railway projects as well as Metro line 4) to have been auctioned in 2021 and additional projects of 7 billion. to be planned […]
Sprint for digital projects 2 billion euros in 2022
An unprecedented for the industry barrage of announcements of new tenders for digital works must proceed this year, as within the year, tenders totaling more than 2 billion euros should have been launched. The programming includes almost all the digital projects that have been included in the Greece 2.0 program. with resources of the Recovery […]
Investments and reforms of 5 billion euros from the Recovery Fund
By Tasos Dasopoulos With the aim of completing investments and reforms of over 5 billion euros and starting private investments of about 3 billion euros, the new year for the Greek program of the “Greece 2.0” Recovery Fund begins. After the relatively slow pace of project integration in recent months, due to the delays by […]