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Coronavirus: Greece will consult the European Commission on its national economic recovery plan


The period between November 15 and January 15, 2021 will be extremely critical because Greece will consult the European Commission on the main objectives of its national recovery plan, namely the program to combat the effects of the pandemic. The plan includes deadlines, which were presented in detail yesterday to the Council of Ministers by Deputy Finance Minister Theodoros Skylakakis, as well as the basic parameters of Greece’s 32 billion euro plan.

Greece - Gross domestic product (GDP) growth rate 2021 | Statista

The first phase is the presentation of projects and reforms which, according to Skylakakis, is almost complete with 65% coverage in terms of subsidies. The second and final phase will be carried out, among others, on the basis of the following characteristics: maturity, realistic schedule, very high probability of reaching quantitative objectives, strong development and social footprint, mobilization of private resources.

The key elements are the transition to a green economy, the digital transformation , employment, skills, social cohesion, private investment, but also tax simplification and the digital fight against tax evasion and contribution evasion.

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