
HOUR Hellas ranks first in capital distribution and payments Recovery and Resilience Fund (RAF)according Deloitte analysis.
Specifically:
Greece ranks 1st in terms of capital distribution as a percentage of GDP (16.7%), followed by Romania (12.2%) and Croatia (11%).
In absolute terms, Greece ranked fifth in terms of funding (about 30.5 billion euros) after Italy, Poland, Spain and France. It is noted that among the 26 member states with a program approved by the European Commission, only seven have requested loans, of which the largest amount as a percentage of GDP falls on Greece (7%) and Italy (6.9%).
According to Deloitte, Spain performs best in terms of capital absorption.
As for payments, only eight countries provided the first tranche (including Greece with 3.56 billion euros), and only five requested the second, including our country.
The only country that issued the 2nd tranche is Spain. In this context, it should be noted that, including disbursements and funds being assessed for the next tranche, Greece received the largest amount as a percentage of GDP (€11.1 billion or 6.07%), followed by Croatia (3. 88%). , Italy (3.77%) and Romania (2.66%).
In terms of absorption, Spain ranks first, followed by Greece. In particular, among the 22 Member States in which the fund’s funds have been or are about to be disbursed, Spain has accepted the largest share of the respective total funds (44.65%), followed by Greece (36.36%), Croatia (35 .23%). ) and Italy (34.93%). At the same time, Greece has the highest average relative absorption rate (11.87x) as a percentage of GDP, followed by Croatia (7.59x), Italy (7.38x), Romania (5.21x) and Spain (5.21x). 04x).
“I am very pleased with the investment interest, but in order to achieve the absorption of all the resources of the Recovery Fund, stifling control by the administration and political staff with bold policies is needed,” said the deputy finance minister. , T. Skylakakis.
Source: Kathimerini

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