Recovery Fund: Evaluation begins; aiming to absorb 36.6 billion by the end of 2026

European Commission officials are expected to get successful Athens this week to conscionable with officials of the Greek authorities connected the National Recovery Plan “Greece 2.0”. Given that the Recovery Fund completes its rhythm successful September 2026, that is, successful little than a year, and that some Athens and the Commission bash not want a single euro of the wealth to beryllium lost, the treatment will absorption connected reviewing oregon adjacent replacing some milestones (reforms & investments) if it is judged that they will not beryllium completed within the acceptable deadlines.

The 2026 Public Investment Program is expected to play a important relation successful the wide project, aiming to attack 16.7 cardinal euros.

7.219 cardinal euros interest projects and actions of the Recovery Fund, which represent the country’s nationalist information for the completion of the programs and the disbursement of the past installment from the EU.

6.2 cardinal euros for different projects co-financed by Greece and the EU.

3.3 cardinal for projects that will beryllium financed exclusively from nationalist resources.

Because the 2025 Public Investment Program is approaching its end, the Ministry of National Economy has asked the agencies to intensify their efforts to instrumentality astatine slightest 95% of their Program by November 30, successful bid to debar the accumulation of payments successful December and a imaginable nonaccomplishment of resources.

Pending the submission of the sixth petition concerning the indebtedness component, the information connected the people of “absorption” of these funds by the Recovery Fund are not so encouraging. It is noted that the total fund of contracted loans is 17.14 cardinal euros. The percent of funds (TAA loans, slope loans, backstage information assessment) that person been channeled into the indebtedness marketplace is estimated astatine 52%, i.e. 8.9 cardinal euros.

Of the total of 36.6 cardinal euros that Greece is entitled to person from the Recovery Fund (grants & loans), 19.74 cardinal euros person so acold been channeled into the existent economy. The extremity for the loans is to motion contracts worth 14.33 cardinal euros by June 31, 2026.

Another contented that, according to information, will beryllium discussed successful the contacts that will take spot successful Athens with the representatives of the Commission is the timetable for submitting the 7th request. What will beryllium examined is the anticipation of submitting the 6th petition from the indebtedness constituent by the extremity of the year, together with the 7th petition for a total magnitude of 3.5 cardinal euros (1.7 cardinal euros successful grants and 1.8 cardinal euros successful loans). In bid to submit the 7th request, Greece will person to conscionable 28 milestones.

Based connected the existing plan, the 8th petition is planned to beryllium submitted successful February 2026, totaling 1.87 cardinal euros, aft the completion of 30 objectives and milestones, while the 9th petition is planned to beryllium submitted successful September 2026, totaling 5.4 cardinal euros with 136 milestones and targets.