Greece’s economy will get a major boost over the coming years from the historic EU decision on a recovery plan (Next Generation EU) agreed earlier this month, according to Bank of Greece Governor Yannis Stournaras, ANA reports.
In comments made to Bloomberg TV, the Greek central banker pointed out that Greece is going to get 32 billion euros from the EU’s Next Generation plan, more than 17 pct of its gross domestic product. Initial estimates by the central bank are that the funds will lift growth by 2 pct on average over the period from 2021 to 2026.
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