Athens welcomes volume, form of Commission's pandemic recovery plan

Markets buoyed by election result 23/05/2023 - 09:59
PDMA nears completion of annual debt strategy, taking another cautious step 18/05/2023 - 11:46
Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct 15/05/2023 - 12:37
Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus 24/04/2023 - 11:19
S&P only ups outlook, waits for political clarity before rating move 24/04/2023 - 09:52
BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms 10/04/2023 - 09:25

Athens welcomes volume, form of Commission's pandemic recovery plan

Economy 28/05/2020 - 11:32 Tags: Covid, EC

There was a pleasant surprise for Greece on Wednesday when the European Commission announced its proposal for a Recovery and Resilience Facility (RRF) of 750 billion euros, which will be attached to the 1.1 trillion euros multi-year fiscal framework of 2021-2027.

The Fund will consist of 500 billion euros in grants and 250 billion euros in loans, with the financing raised by the Commission in financial markets by increasing the ceiling of funds that the EU can request from member states by 0.6 percentage points.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Mitsotakis sticks with stability mantra as SYRIZA looks for new approach 29/05/2023 - 12:53
Emboldened Mitsotakis plans for Erdogan meeting, next step in Greek-Turkish ties 29/05/2023 - 09:11
Tsipras identifies failings, tries to rally SYRIZA as Androulakis attempts to tread own path 26/05/2023 - 11:47
ND aims to see off threat from right, with focus on fringe religious party 30/05/2023 - 13:18
Parties face up to victory and defeat in preparation for fresh elections 25/05/2023 - 13:25

Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat 22/05/2023 - 10:54
Tsipras pitches SYRIZA election manifesto as basis for progressive coalition 04/05/2023 - 13:28
Polls give ND clear lead as SYRIZA struggles to shape narrative 18/05/2023 - 14:30
Greek position on Kosovo scrutinised after Council of Europe vote 01/05/2023 - 11:48
Far-right party banned, possibly reducing threshold for election majority 03/05/2023 - 15:45

Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat 22/05/2023 - 10:54
PM forced to adjust line over deadly train crash amid public anger 06/03/2023 - 09:45
New study shows Greek population more than halving by 2100 20/07/2020 - 14:16
Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies 28/03/2023 - 12:02

EC reports highlight tight fiscal path and economic challenges 25/05/2023 - 09:59
March sees first retail sales fall for two years, volumes show consumption diving 31/05/2023 - 14:40
Consumer confidence takes off in May as rest of sectors deliver mixed data 30/05/2023 - 12:46
Economic sentiment improves by almost 2 pts in Apr, consumer confidence dips 27/04/2023 - 13:02
Loans to corporations drive credit growth of 5.1 pct YoY in March 03/05/2023 - 09:06

CPI moderates to 3 pct, but food inflation persists at 11.4 pct 10/05/2023 - 12:41
March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels 03/05/2023 - 14:23
Industrial production drops 0.2 pct in March on back of 28.1 pct electricity supply decline 10/05/2023 - 12:52
Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles 22/05/2023 - 11:53
Markets buoyed by election result 23/05/2023 - 09:59

Record FDI flow into Greece raises bar, but is it sustainable? 23/11/2022 - 10:58
Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060 17/08/2022 - 10:31
Consumer scorecard finds Greeks struggling most in EU with cost of living crisis 29/03/2023 - 11:09
Rising bond yields a concern, but not an immediate fiscal problem 14/06/2022 - 11:59
Tracing the decline of the middle class as parties vie for its votes 02/07/2019 - 15:54