{"id":2068,"date":"2025-01-16T17:59:31","date_gmt":"2025-01-16T17:59:31","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/01\/16\/greece-has-tapped-18-bln-euros-from-eus-recovery-fund\/"},"modified":"2025-01-16T17:59:31","modified_gmt":"2025-01-16T17:59:31","slug":"greece-has-tapped-18-bln-euros-from-eus-recovery-fund","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/01\/16\/greece-has-tapped-18-bln-euros-from-eus-recovery-fund\/","title":{"rendered":"Greece has tapped 18 bln euros from EU\u2019s Recovery Fund"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1258813\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/EU_Flag-320x200.jpg?v=1736695046\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/EU_Flag.jpg?v=1736695046\" alt=\"Greece has tapped 18 bln euros from EU\u2019s Recovery Fund\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/EU_Flag-960x600.jpg?v=1736695047\"\/><br \/>\n                        <\/source><\/picture>\n                                                        <\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>Greece has received 18 billion euros ($18.5 billion) in grants and loans from the European Union\u2019s Recovery Fund since 2021, equivalent to about 8% of its economic output, the government said on Thursday.<\/p>\n<p>After years of under-investment due to a 2010-2018 financial crisis, Greece has improved its uptake of European funds, tackling bureaucracy and helping its economy grow faster.<\/p>\n<p>Greece is eligible for a total of 36 billion euros in grants and loans from the post-pandemic fund until 2027 and the resources were expected to leverage total investment of more than 60 billion euros in medium-sized companies, green energy, digitisation and infrastructure.<\/p>\n<p>Athens will put in a request to receive another 3.9 billion euros from the Recovery Fund by May, which would help the country achieve its target for economic growth of 2.3% this year, up from 2.2% in 2024, deputy Finance Minister Nikos Papathanasis said during a press conference.<\/p>\n<p>\u201cOur economy once again recorded growth rates much higher than the European average, continuing to be among the top in the EU in terms of absorption of resources from the Recovery Fund,\u201d Papathanasis said.<\/p>\n<p>Greek public investment \u2013 which draws funding mainly from the EU, including the Recovery Fund, as well as from the state budget \u2013 will come in at 14.1 billion euros this year and reach 16.4 billion euros in 2026, according to finance ministry data. [Reuters]<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1258813\/greece-has-tapped-18-bln-euros-from-eus-recovery-fund\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greece has received 18 billion euros ($18.5 billion) in grants and loans from the European Union\u2019s Recovery Fund since 2021, equivalent to about 8% of its economic output, the government said on Thursday. After years of under-investment due to a 2010-2018 financial crisis, Greece has improved its uptake of European funds, tackling bureaucracy and helping &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Greece has tapped 18 bln euros from EU\u2019s Recovery Fund\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2025\/01\/16\/greece-has-tapped-18-bln-euros-from-eus-recovery-fund\/#more-2068\" aria-label=\"Read more about Greece has tapped 18 bln euros from EU\u2019s Recovery Fund\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2025\/01\/EU_Flag-960x600.jpg?v=1736695047","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-2068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=2068"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/2069"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=2068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=2068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=2068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}