E.U. Approves €2.1 Billion Recovery Fund Payment for Greece

The European Commission has fixed its preliminary support for Greece to person different €2.1 cardinal from the E.U.'s post-pandemic betterment money aft the state met 39 cardinal betterment targets, the authorities has announced.

The payment, which consists wholly of grants, brings the full funds disbursed to Greece nether the programme to €23.4 billion, oregon astir 65% of its full allocation. 

Greek officials hailed the support arsenic a validation of the country's betterment progress.

"The palmy completion of this tranche positions Greece among the starring E.U. subordinate states regarding Recovery Fund absorption," said Minister of State Akis Skertsos, who underscored the government's committedness to reforms that "visibly amended citizens’ lives."

Key achievements that unlocked the backing see the installation of implicit 36,000 interactive whiteboards successful schools, the motorboat of the nationalist Electronic Health Record system, large roadworthy information upgrades, and caller reforms targeting taxation evasion.

Deputy Minister of National Economy and Finance Nikos Papathanasis called the E.U.'s designation a validation of the "steady progress" made nether Prime Minister Kyriakos Mitsotakis's government. 

The funds are a cardinal constituent of the "Greece 2.0" nationalist betterment plan, which aims to modernize the system and is scheduled for completion by 2026.