Alternate Finance Minister Nikos Papathanasis on Tuesday said “Greece is completing the loan component of the Recovery and Resilience Facility (RRF) with 100% absorption, without changing the original plan and in accordance with what had been approved by the ECOFIN Council last December. At the same time, the eighth disbursement request from the grants component will be submitted on Monday.”
He added that the country remains among the leading EU members in absorbing NSRF funds, while implementing the largest public investment program in half a century in Greece, worth €16.7 billion, as well as the National Development Program worth €16.6 billion. Furthermore, he said, the implementation of Just Development Transition programs is accelerating, alongside projects under public-private partnerships.
Papathanasis also referred to the upgraded role of the Hellenic Development Bank in financing small and medium-sized enterprises after the end of the RRF, with loans that, through leverage, could exceed €6 billion, as well as the contribution of the Hellenic Development Bank of Investments in supporting entrepreneurship.
