26
Tue, May

Greece Submits €1.63B Recovery Fund Payment Request

Greece Submits €1.63B Recovery Fund Payment Request

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Greece has submitted a combined €1.63 billion disbursement request from the European Union’s Recovery and Resilience Facility, bringing the country within one payment cycle of completing the fund.

Deputy Minister of National Economy and Finance Nikos Papathanasis filed the dual request, which covers the 8th installment under the grants component and the 7th under the loans component, encompassing a total of 34 milestones and targets.

The submission follows the full absorption of Greece’s pre-financing allocation under the RRF, the EU fund established to help member states accelerate green and digital transitions and strengthen economic resilience.

Milestones covered

The 32 milestones tied to the grants request span healthcare, employment, digital transformation, and infrastructure. In healthcare, the government completed renovations across 19 hospitals, upgraded 40 primary health centers with chronic disease management units, and launched eight home care pilot units with telemedicine infrastructure in Athens, Thessaloniki, Alexandroupolis, Ioannina, Heraklion, Patras, and Larissa. Pharmaceutical clawback spending, a rebate mechanism under which drug companies return excess costs to the state, was reduced by €300 million compared

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