Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης
Προσθήκη του ot.gr στην
Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης
Προσθήκη του ot.gr στην GoogleGreece has run out of EU recovery loans ahead of schedule, leaving billions of euros in investment projects across the energy, tourism, real estate and retail sectors without financing. Many now face cancellation. Others will be forced to absorb significantly higher borrowing costs if they are to proceed at all.
The crunch was partly self-inflicted. Toward the end of 2025, the Ministry of National Economy and Finance transferred approximately 2 billion euros from the facility to the Hellenic Development Bank to ensure those funds would not be lost. Loan absorption had been running behind schedule, and a program review was approaching. The move reduced the total loan envelope to 13.5 billion euros.
The ministry simultaneously moved the application deadline three months forward, from the end of August to the end of May. Banks and businesses rushed to lock in low-cost funding before the cutoff. Applications quickly exceeded available capital by a wide margin.
By the end of March, 9.5 billion euros of the 13.5 billion euro envelope had already been disbursed. Orestis
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