The fulfillment of the prerequisites for the disbursement of 1 billion euros in grants to Greece is certified by the European Commission’s preliminary assessment.
The Commission announced its positive preliminary assessment for Greece’s 4th payment request for the 1 billion euro part of the Recovery Fund grants. The payment request for the part of the grants was submitted at the beginning of June and related to the achievement of 20 milestones and objectives of the Greek plan.
These included, among others, the contracting of projects such as the electrical interconnection of the Cyclades, the renovation of the OAKA, the forest protection programs Anti-nero I and II, the improvement of road safety in the road network of Municipalities and Regions, the security upgrade of the 13 regional airports , as well as reforms such as the Codification of the Income Tax Code and the Tax Procedure Code and the upgrade of the Justice delivery system.
The Commission
The European Commission has already sent its positive assessment to the Economic and Financial Committee, which in turn will announce its opinion within four weeks, as stipulated in the relevant Regulation. This will be followed by the issuance of the final decision, for the disbursement of 1 billion euros.
It is noted that to date, 794 projects and project bundles have been implemented in the grant section of the Recovery Fund, with a budget exceeding 22 billion euros. Of these, 7.8 billion concern green transition projects, 2.5 billion concern digital transformation actions, 5.7 billion concern actions to strengthen employment, skills and social cohesion, while 6.1 billion concern in aid for private investment and the transformation of the economy.
The Deputy Minister of National Economy and Finance, Nikos Papathanasis, said in this regard: “The new positive assessment for the disbursement of 1 billion euros from the grant section of the Recovery and Resilience Fund, did not happen, it succeeded. It is the result of the achievement of the prerequisite milestones, after the continuous and determined work of every body involved. With the same seriousness and discipline in the reform objectives, with the same commitment to our commitments to our fellow citizens, we continue to keep Greece in the first countries in terms of disbursements of the Recovery Fund, so that European resources can be catalysts for its development perspective country. With the same consistency, we create new and more jobs, increasing disposable income for everyone.”
The Governor of the Recovery Fund, Orestis Kavalakis, said: “Today’s positive assessment by the European Commission for the request for payment of the grants of the Recovery Fund comes to reconfirm the steady course of implementation of the goals and milestones that we have before us. With the disbursement of the 1 billion in grants, we will have disbursed more than 50% of the resources allocated to the country. With speed and efficiency we implement projects and promote reforms that give impetus to the development of the economy and improve the everyday life of citizens”.
Source OT
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