Recovery Fund

Funds amounting to 4 billion euros have been allocated specifically for small and medium-sized enterprises, Alternate Minister of National Economy and Finance Nikos Papathanasis said on Friday at the Delphi Economic Forum.

The spokesperson of New Democracy (ND) targeted the two parties in that they did not vote in favour of the additional funding for Greece from the Recovery Fund

During their meeting, the new framework of fiscal rules, the course of implementation of the Recovery Fund, as well as tax policy issues were discussed

Greek banks Alpha, Eurobank and National have signed loan contracts with the energy groups RWE and Public Power Corporation for the construction of four photovoltaic projects with a total capacity of 730 MWp in Amyntaio. This is an investment of 451.4 million euros, with co-financing from the Recovery Fund.

Universities have had an active, albeit limited, role in the training programs run by the Public Employment Service (DYPA) throughout the previous period, and financed by the Recovery Fund.

Funds of more than 52 billion euros are to be mobilized in the construction sector (public, private projects and residential property building) in the period 2024-2026, through the Recovery Fund, the National Strategic Reference Framework and bank lending.

Money from the Recovery Fund may be lost, especially on Crete, because mainly small and medium-sized contractors have been left without staff and cannot carry out the projects they have undertaken.

Significant projects have been activated through the Recovery Fund, with the flagship project being the one for the northern section of the E65

Breaking the indiscriminate cycle of spraying fields with pesticides is the objective of a major 28-month research program involving the Agricultural University of Athens, the Hellenic Mediterranean University, the Hellenic Agricultural Organization, the Benaki Phytopathological Institute, the Aristotle University, the Democritus University of Thrace and the Foundation for Research & Techno

There is strong dissatisfaction in the Finance Ministry about the speed with which IT companies - even multinational giants - are upgrading their software, so that it will be possible by February 29 to interface 400,000 cash registers with an equal number of POS.

According to ministry officials, there are suspicions that some companies are deliberately delaying the interconnection.