Recovery of the Greek Economy slide image

Recovery of the Greek Economy

GREECE 2.0 - FOCUS ON LOAN DISBURSEMENTS Main Principles EUR 12.7 bn financed from RRF loan envelope • Funding only projects under five eligibility criteria, based on Pissarides Committee priorities • Loans to be provided through International Financial Institutions (IFIs) and the banking system • Exclusively for private sector, based entirely on market criteria, with no state involvement • Maximum RRF funding set at 50% of project value • Co-financing, no state guarantees Participation of banks and investors (at least 30% and 20% respectively) Eligibility criteria Green Exports Distribution channels Loan facility 1 International Financial Institutions (IFIs) Financing of medium and large private investment projects ไป Digital R & D Loan facility 2 Commercial Banks Financing of small, medium, large private investment projects Mergers, acquisitions & partnerships Equity platform instrument Hellenic Development Bank of Investments Creation of Fund-of-Funds (FoF) for the financing of Share Capital or quasi-Share Capital, targeting the most dynamic and fast-growing companies and sectors APPENDIX 26
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