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Greece Utilizes 15 Billion Euro from EU's Recovery Fund

FILE PHOTO: Still-flooded fields in Greek village of Keramidi

Greece has recently announced that it has successfully absorbed 15 billion euros from the European Union's Recovery Fund, according to a statement made by a government minister. This development marks a significant milestone for the country's economy, as it seeks to recover from the devastating impact of the COVID-19 pandemic.

The EU's Recovery Fund was established to provide financial assistance to member states grappling with the economic fallout of the global health crisis. Greece, like many other countries, has faced immense challenges in various sectors, including tourism, which is a vital source of revenue for the country.

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