The European Commission today disbursed payments to Greece and five other member states under the Recovery and Resilience Facility (RFF).

The European Commission paid Greece the third payment under the Recovery and Resilience Mechanism.

It amounts to 3.64 billion euros (€1.69 billion in non-repayable financial support and €1.95 billion in loans, excluding pre-financing). On 16 May 2023 and 22 November 2023, Greece submitted to the Commission the third payment request for non-reimbursable support and the third payment request for loans, respectively, covering 39 milestones and four targets.

Greece’s overall recovery and resilience plan will be financed by €35.95 billion, with €18.22 billion in grants and €17.73 billion in loans.

THE Germany received the first payment, which amounts to 4 million euros. The Commission also paid Italy the fourth payment for €16.5 billion in non-repayable financial support and loans (excluding pre-financing).

At the same time, the Commission disbursed the Portugal the third and fourth combined payment for €2.46 billion in non-repayable financial support and loans (excluding pre-financing).

The Commission paid to Slovakia the third payment for €662 million in grants of non-reimbursable financial support (excluding pre-financing), while the second payment was paid in Slovenia for EUR 225.91 million of non-refundable financial support (excluding pre-financing) and EUR 310.09 million of repayable support.