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GreeceBusiness392 investment plans submitted with 'Greece 2.0' plan worth 12.33 billion euros

392 investment plans submitted with ‘Greece 2.0’ plan worth 12.33 billion euros

Hellenic News of America
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Total budget of the 392 investment plans submitted with the funding arm of the National Recovery and Resilience Plan “Greece 2.0” so far is 12.33 billion euros, Finance Alternate Minister Theodore Skylakakis said on Tuesday.

He said that 5.1 billion are loans from the Recovery and Resilience Fund, 4.11 billion were funds contributed by banks and 3.12 billion funds from investors’ participation. These investment plans cover the primary sector, manufacturing, retail commerce, electricity production, renewable energy sources, telecommunications, tourism and services.

A total of 136 loan contracts have been signed so far in the framework of the “Greece 2.0” programme with a total budget of 5.74 billion euros, with average interest rate of 1.9% and an average duration of 12 years. From the total 392 investment plan submitted so far, 236 come from very small, small and medium-sized enterprises (2.75%). Loans offered by the Recovery and Resilience Fund have a fixed interest rate of 0.35% for very small and small enterprises and an 1.0% interest rate for medium and large enterprises.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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