So far, they have been submitted 381 investment plans in the loan arm of the National Recovery and Resiliency Plan (NRS) “Greece 2.0”, which have a total budget of 12.12 billion euros.

This is stated in a statement by the Ministry of Finance and clarifies that, of the above amount, 5.02 billion euros correspond to TAA loans, 4.03 billion euros are the funds of the banks and 3.07 billion euros are formed the same participation (data up to 31.3.2023).

These are investment projects concerning different sectors of the economy (industry, retail trade, power generation investments – RES, telecommunications, tourism and services).

They have already signed 106 loan contracts, with a total budget of 5.2 billion euros (TAA loans: 2.1 billion euros, bank funds: 1.8 billion euros and equity: 1.3 billion euros). For these 106 loan contracts, the average interest rate is 1.8% and the average loan repayment period is 12 years.

Of the 381 investment projects, 230 have been submitted by micro, small and medium-sized enterprises (SMEs) and have a total budget of 2.73 billion euros.

It is recalled that TAA loans are granted on extremely favorable terms (borrowing rate, fixed 0.35% for very small and small businesses and 1% for medium and large ones), in the midst of a rapid increase in interest rates and the cost of capital, recorded internationally.

Regarding the “Greece 2.0” subsidies, the disbursement of resources from the Public Investment Program (PIP) already exceeds 3.2 billion euros.

The Deputy Minister of Finance and responsible for the preparation and coordination of the implementation of the National Recovery and Resilience Plan “Greece 2.0”, Theodoros Skylakakis, said: “The loan part of the Recovery Fund is the largest financial tool that our country has ever had. And it has entered, dynamically, on the “radar” of investors, mainly thanks to the favorable conditions for granting loans, at a time when interest rates are increasing, rapidly, internationally. Overall, the National Recovery and Resilience Plan “Greece 2.0″ (loans and subsidies), is being implemented at great speed, addressing not the few, but the many who are determined to invest. It is characteristic that only the small and medium-sized enterprises that have benefited, for the time being, from the subsidies and aids of the Recovery Fund, approach 100,000”.