“The country’s economy is moving forward. We will see rapid growth rates in the coming years. This is certain, and the municipalities will play a key role in order to acheive it”, underlined the Deputy Minister for Financial Policy, Mr. Theodoros Skylakakis, speaking at the annual conference of the Central Union of Municipalities of Greece (KEDE) that takes place in Thessaloniki.
Mr. Skylakakis, with his intervention via skype, he referred in particular to the Recovery Fund for the promotion of private investments “Greece 2.0” and invited the mayors to a “productive cooperation”.
According to the Deputy Minister for Financial Policy, the Recovery Fund will offer to the municipalities, in addition to the “Smart Cities” program, urban regeneration, flood-relief works, civil protection and road safety programs that will allow the realisation of new road projects.
He also clarified that the issue of the funds absorption by the Recovery Fund “will not be easy” and called on the municipalities to cooperate and jointly propose the implementation of projects.
Deputy Minister of Development and Investment: “A new NSRF program of 26.1 billion euros is about to begin”
The Deputy Minister of Development and Investment, Mr. George Tsakiris, also informed the elected officials at the annual regular conference of Central Union of Municipalities of Greece on the new NSRF 2021-2027 program, with a total budget of 26.1 billion euros, adding that the programming period has already begun.
He stressed that from the new NSRF, 1/3 of the money – that is about 8 billion euros – will go to the regions and that an important part of this money “will be given to the Social Fund and for the realisation of local infrastructure projects.” He also spoke about the “Smart Cities” program for the digital upgrade of municipalities, part of which will be funded by the NSRF, saying that “Greece has lagged behind in this area compared to other European countries. Now, we have set it as a priority.”
Mr. Tsakiris characterized as a “failure of the previous NSRF the Open Trade Centers”, adding that “I do not know who is to blame, but unfortunately the funds absorption was almost zero”.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greek €200M 10Y Bond to be Issued on April 16
The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.
German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.
Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.
How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping
