Next Generation EU

Greece is the story of an extraordinary rebound, European Economy Commissioner Paolo Gentiloni said on Wednesday at the Delphi Economic Forum.

European Economy Commissioner Paolo Gentiloni met with Finance Minister Kostis Hatzidakis on Tuesday and discussed the new framework of fiscal rules, the course of implementation of the Recovery and Resilience Facility (RRF), as well as tax policy issues.

The European Commission on Tuesday proposed a new 1.5-billion-euro ($1.63 billion) defense industry program, which would be financed from the European Union budget for the period between 2025 and 2027.

The government intends to create some 200,000 jobs across the economy during its four-year mandate, Prime Minister Kyriakos Mitsotakis said on Friday.

The Greek premier took part in a dialogue at a gathering co-hosted by New Democracy and the European People's Party under the theme "The Road to Recovery" in Athens.

Greece has received nearly 15 billion euros ($16 billion) in grants and loans from the European Union's Recovery Fund since 2021, a sum which is equivalent to about 8% of its economic output, the government said on Monday.

The European Commission on Thursday announced a disbursement of payments to Greece and five other EU member-states.

According to a press release, the Commission made the third payment to Greece under the Recovery and Resilience Facility (RRF).

Greece is among 13 EU member-states that have requested loans through the European Recovery Fund's Recovery and Resilience Mechanism (RRF), the European Commission announced on Friday.

"Both this government and the caretaker government have literally failed the Recovery Plan. Billions are lost due to incompetence and irresponsibility."

Blackmail as policy

Denmark and Turkey set an ambitious goal for economic development and cooperation to reach 5 billion euros in bilateral trade and green energy is one of the hot sectors helping to achieve it, the Danish ambassador to Ankara has said.