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Politics

Peloni: “Greece 2.0” Includes 175 Critical Investments, Projects and Reforms

ATHENS — Government spokesperson Aristotelia Peloni referred to the Greek Recovery and Resilience Plan 'Greece 2.0' during a press briefing on Friday, saying that Greece is one of the countries benefiting from the distribution of funds by the EU's Recovery and Resilience Facility (RRF), as it is entitled to about 31 billion euros in subsidies and loans, but also areduction of VAT by 30 pct on the five islands hosting migrant reception centres.

Peloni said the 'Greece 2.0' Plan includes 175 critical investments, projects and reforms.

"In fact, it is estimated that the resources from the RRF, the NSRF and private investments will reach 100 billion euros. Thus, over a space of seven years, this will generate an additional 200,000 new jobs in our country and additional 7 pct in national growth," she said.

Peloni also noted the positive evaluation of Greece's 10th Enhanced Surveillance Report at the Eurogroup meeting on Thursday and the decision to disburse the fifth tranche of Greek debt relief measures, amounting to 748 million euros.

"The immediate and effective response of the government to address the pandemic and its economic impact has been recognised. Despite the adverse conditions, the implementation of important reforms and structural changes was welcomed," she underlined.

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