In a significant boost to Greece’s economic recovery efforts, the European Commission has disbursed the fourth payment of 2.3 billion in loans under the Recovery and Resilience Facility (RRF). This latest installment, finalized yesterday, underscores the EU’s commitment to supporting member states through performance-based funding.
The disbursement follows Greece’s fourth payment request submitted on April 17, 2024. The request focused on achieving a key milestone: advancing the Loan Facility to stimulate private investments. These investments are aimed at critical sectors including green and digital transitions, export capacity enhancement, and research and innovation.
The Commission’s preliminary assessment of Greece’s request, completed on June 14, 2024, was positive, reflecting Greece’s successful implementation of its recovery and resilience plan. The Economic and Financial Committee of the Council also endorsed the payment, enabling the Commission to proceed with the final disbursement.
This financial support is part of the broader RRF framework, which ties funding to the successful execution of specified reforms and investments by member states, ensuring accountability and progress towards shared economic goals.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Crete’s Heraklion Port Concession Deal Approved
Owner of Minoan Lines Grimaldi Group acquired a 67% share of the port for a total price of 80 million euros
Santorini Warning of Cruise Passenger Influx Causes Uproar
A Santorini councilman urged locals to stay put and limit their activities during the arrival of cruise ships due to overtourism
Greek Tourism: Projects Shaping the Landscape
In Vonitsa, Aetolia-Acarnania, the Varko Bay resort is emerging as the first ultra-luxury retreat by Banyan Tree in Europe
Greece: New Draft Bill to Facilitate Property Transactions
Streamlined process envisioned in draft law aims to cut 'red tape' in real estate transactions, including parental transfers of property to offspring
Eurostat: Greece’s Airbnb Bookings Surge 28.7% in Q4 2023
Greece's growth in short-term bookings in Q4 2023 on platforms like Airbnb outpaced the EU average, recording a 28.7% increase compared to Q4 2022, higher than the EU's average growth of 22.7%
FinMin: Only One Investor Expressed Interest in Attica Bank
Economy and Finance Minister Kostis Hatzidakis added: If deal for Attica Bank, Pancreta Bank falls through then both institutions risk collapse
Greek Tourism Board Teams Up with Netflix to Promote Greece
Through its partnership with Netflix, the GNTO hopes to attract tourists and filmmakers to Greece.
Greece Launches AI Training for Public Servants
Public sector employees in Greece will be trained in AI as part of efforts to accelerate the country’s digital transition.
Eurobank Declares Dividend after 16 Years
He noted the bank's strong presence in its international markets, Bulgaria and Cyprus, and mentioned that a public offer to acquire 100% of Hellenic Bank is underway in Cyprus.
Energean Advances Development of Katlan Gas Field in Israel
The Katlan project is expected to unlock additional value in Israeli waters, enhancing energy security and supporting sustainable development in both Israel and the wider region.
![Καύσωνας: Η Κυριακή ήταν η πιο ζεστή μέρα στην ιστορία του πλανήτη [γράφημα]](https://www.ot.gr/wp-content/uploads/2023/07/EEVTB_ATHINA_KAYSONAS_ANASA_DROSIAS_SYNTRIVANI-19-90x90.jpg)
![Airbnb: «Έκρηξη» διανυκτερεύσεων το 2023 στην Ελλάδα – Τι δείχνουν τα στοιχεία της Eurostat [γραφήματα]](https://www.ot.gr/wp-content/uploads/2022/12/airbnb-90x90.jpg)
![Καύσωνας: Η Κυριακή ήταν η πιο ζεστή μέρα στην ιστορία του πλανήτη [γράφημα]](https://www.ot.gr/wp-content/uploads/2023/07/EEVTB_ATHINA_KAYSONAS_ANASA_DROSIAS_SYNTRIVANI-19-600x400.jpg)
![Ιλον Μασκ: Θέλει να γεμίσει τα εργοστάσια με ανθρωποειδή ρομπότ [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/07/ot_Musk_Robot_optimus-600x352.png)
