Today, the Commission has received Greece’s fourth payment request for €2.3 billion (net of pre-financing) in loans.

Greece´s fourth payment request for loans concerns one target under the loan facility component of the Greek Recovery and Resilience Plan. This target requires that an aggregate of €4.5 billion of RRF loans are signed by financial institutions with companies to support private investment related to areas such as the green transition, the digital transition, increasing export capacity, and innovation.

The Commission will now assess the request. It will then send its preliminary assessment of Greece’s fulfilment of the target required for this payment to the Economic and Financial Committee.

Greece’s overall recovery and resilience plan will be financed by €18.2 billion in grants and €17.7 billion in loans.

More information on the Greek recovery and resilience plan is available here.