The Commission has today issued a positive preliminary assessment of Greeces request for €3.13 billion under NextGenerationEU, the centerpiece of Europes recovery efforts to create a greener, more digital, and competitive Union.

This payment represents the fifth installment in Greeces recovery and resilience plan. The Commissions preliminary assessment confirms that Greece has achieved the necessary milestones and targets for this payment, financed under the Recovery and Resilience Facility (RRF) of NextGenerationEU.

This request includes 14 reforms, such as expediting justice, improving VAT refunds, and expanding broadband connections. It also includes 17 investments in affordable housing, electricity networks, and urban redevelopment.

Key measures in this payment request include:

• Upgrading Greeces electricity network: Investments will strengthen the grid and increase capacity for renewable energy.
• Digitizing the public sector: Expanding e-services and digitalizing archives.

Next Steps

The Commission has sent its preliminary assessment to the Economic and Financial Committee, which has four weeks to provide its opinion. If positive, the Commission will adopt a payment decision for the disbursement to Greece.

Background

The Greek recovery and resilience plan includes diverse investments and reforms, financed by €18.2 billion in grants and €17.7 billion in loans.

For More Information

• Explore an interactive map of RRF-funded reforms and investments.
• Open data on the RRF can be accessed on the Recovery and Resilience Scoreboard.
• The text of the Commissions preliminary assessment provides details on the milestones and targets preliminarily assessed as satisfactorily fulfilled.
• The Recovery and Resilience Facility Regulation sets out the framework and objectives of the RRF.