Greece is now subject to the EU. a second payment request to the Recovery Fund totaling €3.56 billion, Deputy Finance Minister Theodoros Skilakakis announced today.

“These are resources that will flow into the Greek economy earlier than originally planned,” Mr. Skilakakis said, “because in addition to the 25 milestones associated with the second request, we have also reached the three credit milestones that were envisaged. complete by the end of the year. Therefore, we are asking for an additional 1.8 billion in loans earlier.”

This is a very important message for the markets and for the speed of the program, the Deputy Minister of Finance said in the context of a press conference on the Greece 2.0 program, which is being held in the presence of the Minister. of the State Akis Skerzu, Secretary General for Government Coordination Thanasis Kontogeorgis and Commander of the Special Coordination Service of the Reconstruction Fund Nikos Mantzoufas. Mr Skylakakis also noted that Greece is the fourth country in the EU to submit a second request for a Recovery Fund disbursement and the first EU country to submit an earlier request due to milestones.

To date, in the field of subsidies, total utilization reaches 1.65 billion euros. A total of 372 projects with a budget of 13.5 billion euros were included, such as Exikomou, DEDDIE network upgrade, microsatellites, etc.

Loans section

Until yesterday, 150 investment projects were submitted with a total budget of 6.82 billion euros, of which 1.53 billion euros is the equity of investors, 2.83 billion euros are loans from the Recovery Fund and 2.46 billion euros is the capital of banks . A total of 23 investment projects were concluded with a total budget of 1.4 billion euros with an average interest rate of 0.90% and an average maturity of 10 years.