Ecofin Approves Amendments to Greece’s Recovery Plan

Ecofin Approves Amendments to Greece’s Recovery Plan

Business

The EU’s Economic and Financial Affairs Council (Ecofin) has approved updates to Greece’s Recovery and Resilience Plan. The amendments, submitted by Greece on October 21, 2024, were endorsed following a positive recommendation from the European Commission, CE Report quotes Athens-Macedonian

The revised plan, valued at €36.6 billion in grants and loans, maintains its relevance, effectiveness, and coherence, according to the Commission’s analysis.

Ecofin also approved modifications to the recovery plans of Cyprus and Spain.

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