untitled design

Tag: Recovery Fund

SYRIZA: The government’s failure to implement the Recovery Fund undermines recovery prospects

SYRIZA: The government’s failure to implement the Recovery Fund undermines recovery prospects SYRIZA: The government’s failure to implement the Recovery Fund undermines recovery prospects

On the initiative of the Head of Development and Investments of the KO of SYRIZA-PS, Alexis Haritsis, 62 MPs of SYRIZA-PS tabled a parliamentary question about the government’s failure to implement the Recovery & Resilience Fund. As the MPs of SYRIZA-PS note, although the Recovery & Resilience Fund is directly linked to the course of […]

At 1.2 billion euros the absorption of funds from the Recovery Fund

At 1.2 billion euros the absorption of funds from the Recovery Fund At 1.2 billion euros the absorption of funds from the Recovery Fund

By Tasos Dasopoulos The absorption of funds from the Recovery and Resilience Fund reached 1.2 billion euros at the end of June, essentially completing 8 months of operation from November 2021, when the operational agreement for the milestones of the Greece 2.0 national program was signed. Although Greece had pre-registered more projects, it proceeded to […]

Reversals in the Recovery Fund due to inflation

Reversals in the Recovery Fund due to inflation Reversals in the Recovery Fund due to inflation

By Tasos Dasopoulos High inflation also changes the physical scope of many of the Development Fund projects, since the initial budget is no longer sufficient to complete them based on the original planning. The biggest problem is found in infrastructure projects, such as road axes, interventions in railway infrastructure, but also some of the projects […]

OTE is proceeding with the raising of funds of €150 million through a loan agreement with the EBRD

OTE is proceeding with the raising of funds of €150 million through a loan agreement with the EBRD OTE is proceeding with the raising of funds of €150 million through a loan agreement with the EBRD

OTE has announced that it is proceeding with the raising of funds of €150 million through a loan agreement with the EBRD. According to the relevant announcement, this loan agreement is the first to be implemented in the country in the field of digital investments, with the use of loan funds within the framework of […]

Gentiloni: The possibility of making the Recovery Fund permanent is open

Gentiloni: The possibility of making the Recovery Fund permanent is open Gentiloni: The possibility of making the Recovery Fund permanent is open

European Economic Commissioner Paolo Gentiloni left open the possibility that the Commission would create permanent fiscal tools after the expiry of the Recovery and Resilience Mechanism. “The successful implementation of the Recovery and Resilience Mechanism is of vital importance for the restart of the European economy and for any future discussion regarding the creation of […]

Th. Skylakakis: Pre-approval of business loans through the Recovery Fund at 1.9 billion

Th. Skylakakis: Pre-approval of business loans through the Recovery Fund at 1.9 billion Th. Skylakakis: Pre-approval of business loans through the Recovery Fund at 1.9 billion

The amount of pre-approvals for business loans, through the Recovery Fund, has already reached 1.9 billion euros, based on data released by Deputy Finance Minister Theodoros Skylakakis, from the podium of the “Green Deal” Conference organized by the TEE . While, he estimated that: “When we get out of this storm we will find an […]

How the Recovery and Durability Fund runs

How the Recovery and Durability Fund runs How the Recovery and Durability Fund runs

Of Tasos Dasopoulos Preparation for the second tranche from the Recovery and Resilience Fund, inclusion of new projects accelerating private investment and preparation for the revision of Greece 2.0 and the addition of the Repower EU. This summarizes the action of the Ministry of Finance, in the effort to keep the country in the first […]

F. Kalafatis: Greece on a dynamic trajectory with the funds of 70 billion euros from the Recovery Fund and the NSRF

F. Kalafatis: Greece on a dynamic trajectory with the funds of 70 billion euros from the Recovery Fund and the NSRF F.  Kalafatis: Greece on a dynamic trajectory with the funds of 70 billion euros from the Recovery Fund and the NSRF

“Greece is changing speed” and the funds of 70 billion euros that will flow by 2027 through the Recovery Fund and the new NSRF, enable the strengthening of the economy and prove the strong and resilient position of our country, underlined the Deputy Minister of Interior (Macedonia-Thrace sector), Stavros Kalafatis, speaking from the podium of […]

Fitch at Capital.gr: The 4 conditions for upgrading Greece

Fitch at Capital.gr: The 4 conditions for upgrading Greece Fitch at Capital.gr: The 4 conditions for upgrading Greece

By Leonidas Stergiou The current crisis is burdening the ratings of all European countries. The difference lies in the ability of a state to make the right adjustment to the fiscal mix to support growth. The interaction between growth and fiscal policy is key to Fitch’s assessments, says Michele Napolitano, head of assessments for Europe. […]

Microsoft’s contribution to the digitization of SMEs and the Recovery Fund programme

Microsoft’s contribution to the digitization of SMEs and the Recovery Fund programme Microsoft’s contribution to the digitization of SMEs and the Recovery Fund programme

In an environment where large companies are investing and becoming more competitive, widening the gap that separates them from SMEs and with a series of changes related to the pandemic such as the skyrocketing of e-commerce and the expansion of telecommuting, the digital transformation of SMEs it is not simply a choice but a strategic […]