The EU’s recovery and resilience facility has been approved, providing member states with 672.5 billion euros in funding for green and digital transition projects.
The European Commission presented its 2021 Annual Sustainable Growth Strategy that includes a set of goals to be met through the use of 672.5 billion euros in financial aid.
Reigniting investment interest, infrastructure upgrades, sustainable tourism growth are priority areas to benefit from Greece’s share of EU recovery funds.
Greece secured at least €70 billion in funds to address the repercussions of the Covid-19 pandemic from an EU recovery plan of €750 billion agreed on in Brussels.
Dozens of tourism enterprises will be able to benefit from a 3.5-billion-euro set of liquidity measures announced by Greek Prime Minister Kyriakos Mitsotakis.
Reaching an agreement on the Commission’s proposed coronavirus rescue fund dubbed “Next Generation EU”, topped the agenda of a recent EU leaders meeting.
