At 1.3 billion euros the absorption of funds from the Recovery Fund stated the Deputy Minister of Finance
“The key to a surplus budget this year is to manage to maintain the positive economic climate in our country and the rapid increase in productive investments,” the Deputy Minister of Finance pointed out to SKAI 100.3 Theodoros Skylakakisadding that the draft budget for 2023 will be submitted to Parliament on Monday.
Mr. Skylakakis focused on the importance of the resources from the Recovery Fund, pointing out that until August they were absorbed 1.3 billion euros (1.6 billion including last year’s) from the 17 billion euros that are the subsidies.
He added that we are one of the first in terms of implementation of the Recovery Fund, while at the same time our country is one of the first to submit a second payment request for the Fund to the Commission.
The minister also emphasized that “we have very good progress in terms of the Recovery Fund loans, which are all investments, and are entering the economy more quickly than we expected”.
He mentioned that these loans are 12 billion and can mobilize large investments. In this context, he pointed out that yesterday a loan was signed by the Sun Light company that is making an investment in Xanthi, for the production of batteries for electricity storage, where 300 jobs will be created.
Read the News today and get the latest news.
Follow Skai.gr on Google News and be the first to know all the news.
I have worked in the news industry for over 10 years and have been an author at News Bulletin 247 for the past 5 years. I mostly cover technology news and enjoy writing about the latest gadgets and devices. I am also a huge fan of music and enjoy attending live concerts whenever possible.
