Recovery Fund project snags

Around 20% of the investment budget contracted through the Recovery and Resilience Fund (RRF) is made up of loan disbursements, which, according to the latest figures, do not exceed 2.3 billion euros.

These are loans from the fund and banks, for a total of €11.1 billion, which is the budget of the investment projects that have been approved to date, revealing a significant gap between the contracted projects and the funds that have been channeled into the economy through the mechanism of loans.

Data presented by Deputy Minister of National Economy and Finance Nikos Papathanassis show that the number of proposed investments submitted on the GoBeyond platform comes to 700 projects, with a total budget of €24.2 billion. Of this, €10 billion corresponds to RRF loans, €8.2 billion to bank loans and €6 billion to companies' own capital.

Despite the large number of...