ECONOMY

Total of 55 projects included in EU-subsidized package

Total of 55 projects included in EU-subsidized package

The government has inducted 55 projects into the Recovery and Resilience Facility worth €3.35 billion, following their approval by Alternate Finance Minister Thodoros Skylakakis.

The Greece 2.0 National Recovery and Resilience Plan is in full swing, with new projects being added at a steady pace. A total of 48 projects, worth €2.76 billion, have previously been included in the plan, 12 (€1.42 billion) in July 2021 and the remaining 36 (€1.34 billion) in October 2021. With the inclusion of the latest 55, the total budget for the 103 projects being implemented through the Recovery Fund exceeds €6 billion.

The 55 projects are focused on the green and digital transitions, employment, upskilling, social cohesion, private investments and the transformation of the economy.

The government has also included a number of reforms that are necessary for implementing investments in the Recovery Fund. These include the modernization and simplification of labor laws, the installation and operation of e-car battery chargers, reforming waste management, simplifying tax legislation, addressing energy poverty and a new legislative framework to promote partnerships and mergers between enterprises.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.