The execution of the Public Investment Program for 2022 is absolutely positive, wrote the Deputy Minister of Development and Investments, Yiannis Tsakiris, in a post on social media.
Specifically, the responsible deputy minister notes the following:
“2022 was a completely positive year for the execution of the Public Investment Program (PIP). The entire available budget (100%) was disbursed to the national part of the PIP, i.e. 1.696 billion euros. In the co-financed part, which includes the Operational Programs of the NSRF, the execution amounted to 6.486 billion euros (a rate of 91.30%). Together with the disbursements of the Recovery Fund resources amounting to €2.84 billion (100.97% rate) the total PDE disbursements amounted to €11.025 billion, boosting the real economy with significant resources.
It is noted that the final budget of the PIP closed increased by 1 billion euros compared to the initial budget of the 2022 PIP. Even the initial credits for the regions of the country were strengthened for the third consecutive year and were increased by 75% compared to 2019.
The payment requests to the EU for the NSRF Programs and Other Programs amounted to 3.920 billion euros, significantly boosting public revenues. It is also worth noting that Greece is the first EU member state. which sent within 2022 its first payment request for the new program period of the NSRF 2021-2027, amounting to 119.4 million euros (Transport Program 2021-2027)”.
Latest News
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port