“Positive”, the Deputy Minister of National Economy and Finance Nikos Papathanasis called the European Commission’s preliminary assessment of the 4th request for the disbursement of 2.3 billion euros from the loan part of the Recovery Fund.

In particular, the European Commission issued a positive preliminary evaluation for the request for the disbursement of 2.3 billion euros from the loan part of the Recovery Fund, submitted by Greece. The request for the disbursement of the loans was submitted in April, as the goal of contracting 4.52 billion euros of loan resources of the Recovery Fund was fulfilled earlier than originally planned. This was followed on June 6 by the disbursement request for the grant section of the TAA, amounting to 1 billion euros.

The European Commission has already sent its positive assessment to the Economic and Financial Committee, which in turn will announce its opinion within four weeks, as stipulated in the relevant Regulation. This will be followed by the issuance of the final decision, for the disbursement of 2.3 billion euros.

The deputy minister stated in this regard: “The new positive preliminary evaluation of the European Commission for the 4th request for the disbursement of an additional 2.3 billion euros from the loan part of the Recovery Fund, following similar decisions for the so far successful course of implementation of the National Plan” Greece 2.0″, is yet another reward for the country’s consistency in meeting the prerequisite milestones of the Recovery Fund.

With a plan, credibility and determination, we continue the reform policy, putting into practice everything we committed to, with the aim of sustainable development with respect for fiscal rules, regional and social cohesion, covering the investment gap, improving competitiveness as well as entrepreneurship”.

For his part, the commander of the Recovery Fund, Orestis Kavalakis, said: “Today’s positive evaluation by the European Commission for the request for the payment of the Recovery Fund loans confirms that the Greece 2.0 Plan is progressing with steady steps towards the fulfillment of its objectives. The imminent disbursement of the 2.3 billion euros of the loan component that will follow in the near future, will be another stimulating injection from the resources of the Recovery Fund for the private economy, the support of entrepreneurship and the improvement of the investment climate in the country».