Greece is expected to have a net allocation of 33.4 billion euros from a European recovery fund, while the country’s contribution to the fund will total 10.1 billion euros for a gross receipt of 43.5 billion euros, according to a plan presented by the European Commission on Wednesday, ANA reports.
The accumulated sum of 43.5 billion euros represents a 5.8 pct of the 750-billion-euros of the Recovery Fund, while the country’s contribution to the EU’s GDP is 1.3 pct. The next allocation of 33.4 billion euros represents a 17.8 pct of the Greek GDP, with only Croatia and Bulgaria being recommended to have a bigger net benefit (22.4 pct and 19.3 pct, respectively), even though at lower sums (12.1 billion and 11.7 billion euros, respectively).
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