Greece’s rebounding recovery – backed by record tourism and foreign investment – got a big boost too from the European Union’s Recovery Fund since 2021, which provided 15 billion euros ($16.31 billion) in loans and grants.
That is equivalent to about 8 percent of the country’s Gross Domestic Product (GDP) said Reuters in a review of Greece’s struggles to come back from a 2010-18 economic and austerity crisis that required 326 billion euros ($354.42 billion) in three international loans.
Source: The National Herald
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