A European Commission delegation will reportedly arrive at the end of
A European Commission delegation will reportedly arrive at the end of the month to examine the course of Recovery and Resilience Facility (RRF) funding and projects in Greece, given that although the scheme will conclude next September some 194 milestones remain pending, according to reports.
As such, discussions will focus on which projects and program must be re-examined and which must be replaced, given that they cannot be completed on time.
When announced in 2021, the Commission said the RRF package for Greece totaled 36.61 billion euros in value, of which 18.22 billion euros are grants and the rest “soft” loans.
Delays continue to plague the borrowing portion of the RRF package for Greece. Next up is a request by Athens for a seventh dose worth 3.5 billion euros – nearly half and half between grants and loans – is expected to be submitted in November. However, the request for the sixth installment, which should have been submitted this month, is delayed. A request for the eighth installment is scheduled for the first quarter of 2026, while the last must be submitted by the end of August 2026. The last tranche totals 5.4 billion euros, of which three billion
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