(ANSA-AFP) - ATHENS, JUN 18 - Greece became on Thursday the
third EU country to secure the European Commission's approval
for a recovery plan to be financed by the bloc's coronavirus
rescue fund. European Commission chief Ursula von der Leyen made
the announcement on the third stop of a tour to highlight EU
approval for packages presented by countries that have suffered
severe economic fallout from the pandemic. Financing is to come
from an unprecedented 750-billion-euro EU fund that is to issue
common bonds for the first time. Athens is to receive 17.8
billion euros in direct grants, and 12.7 billion in loans. "Our
approval today is an important milestone for disbursement of
30.5 billion euros ($36.6 billion) over the next years," von der
Leyen said after meeting with Greek Prime Minister Kyriakos
Mitsotakis in Agora. (ANSA-AFP).
© Copyright ANSA - All rights reserved