RRF

The European Commission has given a positive preliminary assessment of Greece's fourth payment request for loans of 2.3 billion euros from the Recovery and Resilience Facility (RRF).

The Commission evaluated the request submitted by Greece in April and assessed that Athens had satisfactory completed the one target set by the European Council for the fourth loan installment.

Greece on Thursday submitted to the European Commission a request for the fourth instalment of funds amounting to 1 billion euros from the Recovery and Resilience Facility (RRF) corresponding to the achievement of 20 milestones and targets.

Alternate Minister of National Economy and Finance Nikos Papathanasis submitted the fourth payment request, amounting to 2.3 billion euros, for the loan part of the Recovery and Resilience Facility (RRF) to the European Commission on Wednesday.

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 commissioner for state aid control in Cyprus, Stella Michaelides, announced her decision on Wednesday regarding a scheme aimed at supporting small and medium-sized enterprises titled "Circular Economy Project in Small and Medium-Sized Enterprises (SMEs)."

Greece is among the leaders as regards the implementation of the national Recovery and Resilience Plan and one of just six EU member-states that has already submitted three payment requests to the Recovery and Resilience Facility (RRF), while a fourth payment request will be submitted in April, speakers at a Foundation of Economic and Industrial Research (IOBE) conference revealed on Thursday.<

The awarding of the contracts of several major projects, as well as the achievement of progress on the Exoikonomo subsidy program are the biggest issues pending for the submission of the fourth request for payments from the European Union's Recovery and Resilience Fund, now set by the government in April.

PASOK deputy Pavlos Geroulanos claims to have revealed a list of projects that have been excluded from funding by the Recovery and Resilience Fund (RRF), using details from the council of European Union ministers, including the safety upgrading of the rail network.

Greece has a solid and reliable recovery and resilience plan that can meaningfully strengthen it in the face of future challenges, Siegfried Muresan, chairman of the European Union's Working Group for Budget and Structural Policies, said in an interview with the Athens-Macedonian News Agency.

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.