recovery fund

Greece received on Friday a 3.6 billion euro ($3.9 billion) payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund. The announcement was made by Valdis Dombrovskis, the European Commission’s executive vice president, via video link...

Greece approved a national recovery plan that it hopes will boost economic growth by as much as 7 percentage points over the next six years.

After four days of talks, on Tuesday European Union leaders struck a deal on a huge post-coronavirus recovery package. It will see the 27-nation bloc offering 750 billion euro ($859 billion) in grants and loans. Greek PM Kyriakos Mitsotakis said...