The European Commission gave the green light to a request by Greece for 1.18 billion euros (884 million in grants and 294 million in loans), under the Recovery and Resilience Facility (RRF) of the NextGenerationEU program. Disbursement to Greece needs the approval of the European Council's Economic and Financial Committee, which will forward the payment decision to the Commission for adoption. With this payment request will bring the funds paid out to Greece under the RRF to 24.62 billion euros. This includes 3.96 billion euros in pre-financing received in August 2021 and 159 million euros in pre-financing under REPowerEU received in January 2024. This corresponds to 68.5% of all the funds in the Greek plan, with 48% of all the milestones and targets in the plan fulfilled. With a view to the closure of the Facility at the end of 2026, member states must implement all outstanding milestones and targets by August 2026 and submit last payment requests by the end of September, the European Commission concluded. (ICE ATENE)

Fonte notizia: amna.gr