Approval of RRF finance of €3.64 bln
![](https://www.infobalkans.com/sites/default/files/styles/large/public/images/balkanfeeditem/2023/11/europeancommissionhq-flagsweb-3.jpg?itok=L1Gb_vB6)
The European Commission has preliminarily approved Greece's request for the disbursement of 3.64 billion euros under the Recovery and Resilience Facility. Of the €3.64 billion, €1.69 billion comprises grants and €1.95 billion loans.
In May, Greece submitted a payment request to the Commission for grants, based on the achievement of the 39 milestones and three targets selected. On November 22, Greece also submitted a payment request for loans concerning the achievement of one target.
The Commission said Greece had successfully implemented its 39 milestones and four targets. The milestones and targets include a series of reforms to enhance efficiency in public administration, including establishing a multi-level governance system that will streamline the allocation of responsibilities between central, regional and local authorities, and to enhance the fight against...
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