Request for his third installment Recovery Fund it will be introduced before the elections, its respective officials assure Ministry of Financeas they aim to complete the last stages of the preconditions, which include, among other things, showing progress in 55 contests.

The country is now entering a “hard core” of preconditions that are becoming more complex as their focus shifts from reform to projects. Therefore, the original purpose of filing her request 3rd installment by the end of April, it was postponed until the elections, but not later, as other equally difficult milestones follow and it is not desirable to intersect. It is noted that the tranche is 1.7 billion euros and applies only to subsidies. To date, the country has paid out 11 billion in subsidies and loans from the Recovery Fund.

Meanwhile, Recovery Fund loans continue to rise, according to a statement from the Treasury Department yesterday. A total of 392 investment plans worth 12.33 billion euros were submitted, compared with 381 investment plans worth 12.12 billion euros about a month ago. Of the 12.33 billion euros, 5.1 billion are loans from the Recovery Fund, 4.11 billion are funds provided by cooperating banks, and 3.12 billion are the same investor participation, according to data available to the ministry at the end of April. .

136 loan agreements worth EUR 5.74 billion were signed, compared to 106 loan agreements worth EUR 5.2 billion a month ago. In other words, about one new contract was signed every day last month. From the budget of the signed contracts, the Recovery Fund loans cover 2.34 billion euros, bank funds 1.99 billion euros and investors’ equity capital 1.41 billion euros.

According to the Ministry of Finance, out of 392 submitted investment proposals, 236 come from very small, small and medium-sized enterprises with a total budget of 2.75 billion euros. The weighted average interest rate on the concluded loan agreements is 1.9% against 1.8% a month ago.