The “Greece 2.0” National Recovery and Resilience Plan was in full swing, with new projects added steadily. A total of 48 projects, worth €2.76 billion, have been included in the plan, 12 (€1.42 billion) in July 2021 and the remaining 36 (€1.34 billion) in October 2021. With the inclusion of the 55 projects, the total budget of the 103 projects to be implemented through the Recovery Fund exceeds €6 billion. The 55 projects are focused on the green transition, digital transition, employment, skills, social cohesion, private investments and transformation of the economy.
The Greek government has also comprised a number of reforms which are necessary for implementing investments in the Recovery Fund.
These include, a modernisation and simplification of labour law, installation and operation of e-car battery charges, reforming waste management, simplifying tax legislation, addressing energy poverty and a new legislative framework to promote partnerships and mergers between enterprises.
It is being reminded that the National Recovery and Resilience Plan “Greece 2.0” was approved by ECOFIN on 13 July 2021.
The “Greece 2.0” plan includes 106 investments and 68 reforms, utlising investment resources of €31.16 billion, of which €30,5 billion European funds (€18.43 billion in grants and €12.73 billion in loans) will mobilise a total of €60 billion in investments in the country over the next five years.
