Disbursement of 2.3 billion euros from the loan arm of the RRF for Greece
By Alexia Sotiriou
The EU funds from the Recovery and Resilience Facility (RRF) amount to 17.2 billion euros, following the European Commission's announcement on the disbursement of 2.3 billion euros to Greece, after the successful completion of 4th payment request from the loan part of the "Greece 2.0" National Plan.
The disbursement came as a result of the contractualization of loan resources amounting to 4.52 billion euros.
It is noted that in June the 4th payment request of 1 billion euros was submitted, while the disbursement of the relevant funds is expected to take place in October.
Of the 330 loans that have already been contracted, with a total budget of 12 billion euros, 5.2 billion euros are RRF loans, 4 billion euros are Bank loans, and 2.8 billion euros are investors' equity.
It should be noted that 166 of the total contracted loans, i.e. 50% of the total, have been granted to small and medium sized enterprises, with a total budget approaching 2 billion euros.
（Editor:Liao Yifan）
