Recovery Fund: Its Full Utilization Mobilizes Total Investments Exceeding 45 Billion Euros

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SMEs will borrow at 0.35% from the Hellenic Development Bank - Greece does not pay any additional interest rate compared to other EU member states for the loans it has received from the Recovery Fund

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Detailed information from the Ministry of Finance on the Recovery Fund. The allocation of 17.73 billion to the private economy with low interest rates and projects throughout Greece.

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Greece has a total of 35.95 billion euros at its disposal, through the Recovery and Resilience Fund, of which 18.22 billion euros are grants ... The article Recovery Fund: Investments of over 45 billion euros – Small and medium-sized enterprises will borrow at an interest rate of 0.35% was published in NewsIT.

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The Recovery and Resilience Fund is the largest development and reform program that the country has had at its disposal in recent decades. It was created after the pandemic as an emergency European tool, with the European Union resorting for the first time to joint borrowing to finance investments and reforms. Greece has at its disposal […] The article Ministry of Finance: Total investments from the Recovery Fund exceed 45 billion euros appeared…

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The full utilization of the loan arm of the Recovery Fund mobilizes total investments exceeding 45 billion euros, reports the press office of the Ministry of National Economy and Finance, citing complaints expressed in the public debate. The full announcement follows: The Recovery and Resilience Fund is the largest development and reform program that has […]

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Greece has a total of 35.95 billion euros at its disposal from the fund.