Commission gives positive preliminary assessment of Greece’s 2.3 billion euro loan request

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.

Cyprus to offer boost for SMEs

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 ready to apply for fourth tranche from RRF

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.<