“We welcome the president of the European Commission at a historic moment for Europe and Greece. It is, I believe, the last act of the turmoil caused by the pandemic and the first of a new era,” Prime Minister Kyriakos Mitsotakis said on Thursday, at an event to present the actions planned for the national Recovery and Resilience Plan ‘Greece 2.0’ in the Ancient Agora, together with European Commission President Ursula von der Leyen.
Mitsotakis noted the first issue by the European Union of mutualised debt in support of its member-states, pointing out his support for this initiative from the start, along with eight other European leaders, and added: “Today a taboo of the past is converted into a step of the present and the future. Greece is among the countries that benefit. It is eligible for roughly 31 billion euros. It has also, however, recognised its own responsibility, being among the first to submit a comprehensive plan. With the funds from the NSRF and private actions, the funds will be close to 100 billion euros.”
The Greek plan was praised in Brussels, the prime minister said, adding that the greater part of the funds will be directed to the green and digital economy. “This is indicated by the nearly eight billion that will be disbursed in 2021. A plan is being put forward that includes an strong social and environmental footprint,” he said.
“The plan Greece 2.0 will be presented in detail in every region of the country,” Mitsotakis announced, saying this will include the full digitisation of public services and enterprises, the modernisation of hospitals, cultivating skills and major projects.
“The specific programme extends to the remotest corner of our country, touching all Greek men and women. It makes a complete plan. It also reflects the symbolis of Greece 2.0 – it is the next version of the country, it is the image of the new Greece,” he said.
Ending his brief opening remarks, Mitsotakis also referred to the symbolism of holding the event at the Ancient Agora, which had once been the centre of Athenian trade, justice and politics and the place where the philosophical dialogues that formed Greek civilisation and affected European civilisation were held.
“Growth is inconceivable without solidarity and reflection. These values were born here in order to belong to the whole world. Let us keep this in the new course we now embark on,” he added.
Ursula von der Leyen: Greece’s recovery and resilience plan will deeply transform the Greek economy
“Thank you so much for having me here, at the cradle of democracy and philosophy. These are decisive times and we see that after a very difficult period of the pandemic we have increasing successes, the vaccination programme is there, the recovery is underway and we can just start look at the future with hope and with confidence,” European Commission President Ursula von der Leyen said on Thursday at the Ancient Agora.
She also thanked the Greek prime minister for the important contribution of the greek govenrment as regards the green digital certificate.
“We are digitising our economies. We are making the European green deal a reality. We are equipping our societies to be stronger and resilient. Our plan is worth 800 billion euros and it is the largest recovery package in Europe since the Marshall plan and it is the recovery Europe needs now and in the future,” she underlined.
“Today I am very happy to announce that the European Commission has decided to give its green light to Greece’s recovery and resilience plan ‘Greece 2.0’. This follows excellent cooperation between our teams,” the European Commission president noted and added:
“The plan was designed in Greece and will spear growth that will be led by the Greek people and it will be owned by the Greek people and will deeply transform the Greek economy. It will make Greece emerge stronger and more resilient and better prepared for the future.”
Latest News
ELSTAT: Greek Health Expenditures Reach €5.89 Billion in 2022
Finally, healthcare financing as a percentage of GDP decreased to 8.5% in 2022 from 9.18% in 2021, as per the Health Accounts System report.
Sonoco Paper Mill Plants Close After 30 Years in Greece
The shut down of the two paper mills in northern Greece comes a week after a glass plant closed in Athens
BoG: Private Deposits Down by 1.068bln Euros in Feb. 2024
Corporate deposits decreased by 912 million euros, compared to a decrease of 3.167 billion euros in the previous month
Greeks’ Buying Power Second Lowest in the EU
Greeks’ purchasing power is under pressure, ranking 26th among 27 EU member states.
Greek FinMin Says Digital Work Card Tackling Undeclared Work
Greece's recently launched digital work card aimed at tackling undeclared labor has already started to produce results, said Economy and Finance Minister Kostis Hatzidakis
MSC Cruises: More than 400 Visits to Nine Greek Destinations
MSC Cruises, a subsidiary of international shipping line Mediterranean Shipping Company S.A, will be sailing to Greek ports as of this month, expanding operations in the region year-round
Eurostat: Greece Among Cheaper Hourly Labor Cost Zones
In contrast, the countries that posted the highest hourly labor costs are Luxembourg (53.9 euros), Norway (51.9 euros), Iceland
GSEVEE: Economic Sentiment Indicator in Greece Down in Q2 2023
The drop follows a significant uptick in the ESI in the second half of 2022 (69.5 units) and a slight decline in the first half of 2023 (66.7 units)
Manpower Report: Sectors in Greece that Have Achieved Full Gender Equality in the Workplace
Greece surpasses this with 45%, showcasing progress but also room for improvement. Sectors like Consumer Goods and Services lead with 69% reporting full equality globally
Bank of America (BofA): Three Reasons Greek Economy Outperforms EC Average
BofA projects growth of 1.1% in 2024 and 1.7% in 2025, compared to forecasts for eurozone growth at 0.4%/1.1%, respectively