Greece Secures €600M from EU Recovery Fund with New Agreement
Greece has reached a crucial agreement with the European Commission to secure €600 million in funding from the EU Recovery Fund, avoiding the risk of losing the resources due to strict deadlines tied to the country's urban planning program. The decision provides a breath of relief for the ambitious project covering 80% of Greek territory, known as the "Constantinos Doxiadis" urban planning initiative, which aims to update city and regional plans across the country.Flexible EU Approach The Ministry of Environment and Energy (ΥΠΕΝ) successfully negotiated with the European Commission to recognize the completion of studies by the Planning Authority as sufficient for meeting the milestone, instead of requiring the full implementation of the urban plans by April 2026. According to Efthymios Bakogiannis, Secretary General for Spatial Planning and Urban Environment, this flexibility allows Greece to secure the funds in special accounts while...
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Greece has reached a crucial agreement with the European Commission to secure €600 million in funding from the EU Recovery Fund, avoiding the risk of losing the resources due to strict deadlines tied to the country's urban planning program. The decision provides a breath of relief for the ambitious project covering 80% of Greek territory, known as the "Constantinos...
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