The Greek finance ministry set a stable 0.35% minimum interest rate on loans to be offered in the framework of the Recovery and Resilience Fund “Greece 2.0”, according to the decision taken by Finance Minister Christos Staikouras and Alternate Minister Theodore Skylakakis, ANA reports.
This specific term on interest rates covers all loan contracts expected to be signed between banks participating in the program and eligible investors. The interest rate, however, could be higher.
The Greek government has already set evaluation criteria for investment plans to be included in the Recovery and Resilience Fund, which will cover five pylons: Green transition, digital transformation, innovation-research & development, creating scale economies through partnerships, mergers, and acquisitions, and extroversion.
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