The prospects of the Greek economy, through the utilization of the funds of the Recovery Fund, but also the next day of Banking, in the face of technological and other challenges, were outlined by Alpha Bank executives at the Fin Forum 2022 conference held under the auspices of the Hellenic Union Banks. Stefanos Mytilineos: “Banks […]
Tag: Recovery Fund
‘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 […]
Al. Tsipras for 6.7 billion direct assignments: Plunder in public money with the seal of K. Mitsotaki
After the meeting with the Management of the Single Independent Public Procurement Authority, the President of SYRIZA Progressive Alliance, Alexis Tsipras, made the following statement to the press: “I visited the Single Public Procurement Authority today to express my strong concern about the fact that the government, since the beginning of the pandemic, has used […]
Goldman Sachs: Recovery Fund shield against rising borrowing costs in peripheral countries
Her Eleftherias Kourtali The main objective of the Recovery Fund is to improve the European economic outlook by contributing to growth through two channels: supporting the full recovery of the economy and expanding its medium-term potential. Thus, as Goldman Sachs points out in today’s report, the Recovery Fund offers the opportunity to stabilize macroeconomic and […]
The 3 programs of the Recovery fund that change businesses
Of Tasos Dasopoulos With three programs that will run in the next period, the Recovery Fund will support the goal of Greece 2.0 for the transformation of Greek small and medium enterprises, so that they grow in size, learn to cooperate and become more extroverted. The long-awaited plan for acquisitions, mergers and acquisitions, with the […]
The State aid project for the New Industrial Parks is in the Recovery Fund
The National Plan for Recovery and Sustainability included the public financial support project of 65.2 million euros “New Industrial Parks”, of the General Secretariat of Industry of the Ministry of Development and Investment. The project concerns the development of new “digitally smart and green” industrial parks, the expansion and upgrading of existing ones, as well […]
Bank battle in business and consumer loans
By Leonidas Stergiou The emergence of the Omicron mutation and overcrowding in mortgages and notaries in the third and fourth quarters of 2021 were the main reasons for the recovery in demand for business and mortgage loans. During the same period, consumer credit continued to run at a high rate, with total disbursements exceeding mortgages […]
Funding for the technical support of the Ministry of Development in the Recovery Fund
With a budget of 14.63 million euros, of which 8.26 million euros are to be absorbed in 2022, the Fund for Recovery & Sustainability (TAA) is part of the financing of the technical support of the Ministry of Development & Investment for the implementation of nine actions Ministry that are included in the TAA. The […]
The coupons for digital aid to businesses are coming
Preparations for the large-scale subsidy program for the digital transformation of small and medium-sized enterprises from the Vouchers Recovery and Durability Fund are progressing rapidly. The goal is to start the program in the coming months, however, as mentioned in the technical bulletins of the projects, fast maturation movements are required. At the beginning of […]
Th. Skylakakis: The ‘Greece 2.0’ Plan will bring permanent acceleration of the growth rate
“Reforms are progressing rapidly, which are an integral part of the Plan and the implementation of which will increase the competitiveness and productivity of the Greek economy and will lead to a permanent acceleration of its growth in the coming years,” he said in a statement. the Deputy Minister of Finance Thodoros Skylakakis, referring to […]