
The total budget of the 291 investment projects submitted to the loan section of the National Recovery and Resilience Plan “Greece 2.0” in 2022 amounts to 10.53 billion euros, as announced by the Ministry of Finance.
Of this 10.53 billion euros, 4.5 billion euros correspond to loans from the Recovery and Resiliency Fund (RRF), 3.51 billion euros to bank funds and 2.52 billion euros to equity participation of investors.
The above projects are in various stages foreseen in the framework of “Greece 2.0” (e.g. pre-approval, evaluation, approval, contracting) and concern different sectors of the economy (industry, retail trade, power generation investments – RES, telecommunications , tourism and services).
It should be noted that of the 291 investment proposals, 167, amounting to 2.25 billion euros, come from small and medium-sized enterprises.
68 loan agreements
Already, from all the projects, 68 loan contracts have been signed (until 30.12.2022), with the budget of the same number of investment projects amounting to 3.22 billion euros. Of this amount, 1.20 billion euros correspond to RRF loans, 1.28 billion euros come from commercial banks and the remaining 741 million euros are the same participation of the investors.
The weighted average interest rate of the above loan agreements is 1.2% and the average loan repayment period is 11 years.
The Deputy Minister of Finance, Mr. Thodoros Skylakakis, said: “The loan part of the National Recovery and Resiliency Plan is an extremely successful development tool, as shown by its implementation data. Strong interest is registered from the investment community, as within a six-month period (the first loan agreement was signed on 30.6.2022) 291 proposals were submitted, with a total budget of more than 10.5 billion euros, while the investments are dispersed, geographically, in over 100 municipalities throughout the country. In fact, the loan contracts that have been signed include many industrial and tourist investments, which contribute, catalytically, to the stimulation of local economies, while the specific tool also plays a very important role in the green energy transition. Being the biggest and fastest investment tool the country has ever had, the loan part of the Recovery Fund has many more possibilities, since it can cover investment projects, totaling approximately 30 billion euros.”


Latest News

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread

Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion

Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece

Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece

Pope Francis: A Pontiff Who Reshaped the Papacy and Sparked a Global Conversation
His first words from the balcony of St. Peter’s Basilica—“Brothers and sisters, good evening”—set the tone for a pontificate that would challenge norms, favor mercy over dogma, and bring the papacy closer to the people.