Tuesday, September 27, 2022

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Greece’s new projects on the green transition to bring the RRF over 6 billion euros

The Greek government included 55 new projects in the Recovery and Resilience Facility worth 3.35 billion euros, following their approval by Alternate Finance Minister Theodoros Skylakakis, as reported by the Athens-Macedonian News Agency (ANA-MPA).

The Greece 2.0 National Recovery and Resilience Facility counted already projects worth 5.52 billion euros. With the inclusion of these new 55 projects, the total budget to be implemented through the Recovery Fund will exceed 6 billion euros. 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 included a number of reforms that are necessary for implementing investments in the Recovery Fund, including 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.

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