The platform that supports the online submission of investment projects for loan financing from the resources of the Greece 2.0 Recovery and Resilience Fund has been launched.

The new platform now allows investment project submissions to be done electronically. It is the central gateway for private investments to be evaluated to receive the highly favourable financing, thanks to the loan resources of Greece 2.0.

It is fully automated to provide speed and adequate information to investors – without any other interventions – and to enable quick disbursements.

In addition, it is configured so that there is maximum transparency and information for investors. Through the platform, cumulation issues are also checked.

Investors can now upload their investment plans through the platform as well. From June 1, 20222, its use for the submission of investment projects becomes mandatory.

It should be noted that the loan component of Greece 2.0, amounting to €12.7 billion euros, will lead to a significant boost in private investment in the coming years. This will allow a high growth rate to be maintained, despite the adverse conditions prevailing internationally.

Who Greece 2.0 is for

The Program is addressed to all Greek businesses, regardless of size and legal form. They can receive up to 50% of the cost of their investment from Greece 2.0 funds. The interest rate will be fixed, currently at 0.35%, as set out in the relevant Ministerial Decision .

Greece 2.0 investments focus on green and digital transition. 37% of their spending will be on climate. Also 20% is earmarked for promoting the digital transition of private enterprises.

The final amount of financing of the investment project, from the loans of the Recovery and Resilience Fund, is calculated according to the existence of a budget of eligible investment costs in the five pillars of the loan component of Greece 2.0, as well as the coverage of specific criteria per pillar ( Eligibility Assessment Criteria ).

It is reminded that, for the time being, seven domestic banks participate in the Program: National Bank of Greece, Piraeus Bank, Alpha Bank, Eurobank, Optima Bank, Pancretan Bank and Hellenic Development Investment Bank.

Also two internationals: European Investment Bank and European Bank for Reconstruction and Development .

Theodoros Skylakakis, Deputy Minister of Finance

"The implementation of the National Recovery and Resilience Plan Greece 2.0 is progressing with increasing momentum. In this direction, the operation of the platformfor the loans of the Programme is an important development. It was preceded by the announcement of the decisions that bring up to EUR 10 billion. euro and more the total budget of the projects that have been included, to date, in the Recovery Fund. With hard work we proceed to the implementation of a plan, capable of changing, significantly, for the better the image of the country and the life of every citizen. Especially the loan part is of great importance. By supporting private investment, it is defending our economy in this difficult and uncertain period in terms of international economic developments."