Recovery and resilience fund

Greece has now received a total of 18.2 billion euros from the Recovery and Resilience Facility (RRF), with this latest disbursement.

The unit is scheduled to hold weekly meetings and will be tasked to map out the progress of pending projects under the Recovery Fund

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.

However, despite these advancements, Greece still faces a substantial investment gap compared to its eurozone peers.

The program will be funded through the Recovery and Resilience Fund (RRF)and has a budget of €176.75 million

The three projects funded by the RRF will aim to strengthen MOMus digital and cultural presence, as well as its social contribution

A total of 44.2 million euros worth of funding is made available

The resumption of freight services two weeks ago relieved a three-month backlog, but the damage incurred to rail transport reliability is enormous

The positive preliminary assessment came yesterday and relates to Greece's third payment request for 1.69 billion euros in grants and 1.95 billion in loans