Battle with time for the recovery fund finale
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Battle with time for the recovery fund finale

Loading Text-to-Speech... Hot August pass to the Ministry of National Economy and the Special Coordination Service of the Recovery Fund, to close the last milestones and to be able to submit the 9th and final request for grants and 8th for loans from the Recovery Fund. According to the Ministry, this will amount to a total of 6.7 billion [...]

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End of cash payments from October 1st, obligations and sanctions that come
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End of cash payments from October 1st, obligations and sanctions that come

In the tax ban on the use of cash in rent payments and their compulsory redemption exclusively through bank, the Treasury is directed to proceed from October 1st - and without further extension - with the Treasury. After the six-month period «grace» given in spring, the financial staff appears determined to comply with the timetable for implementing the law, stressing [...]

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Who will benefit and what interventions are on the table?
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Who will benefit and what interventions are on the table?

With about EUR 1 billion of financial space already available and the expectation that the good progress of the budget will create additional margins by September, Maximus and the Ministry of National Economy and Finance have gone through the most crucial phase of planning for this year's announcements. The point is not only which measures [...]

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Non-Recovery Fund left projects EUR 4 billion
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Non-Recovery Fund left projects EUR 4 billion

Loading Text-to-Speech... Investment projects of around EUR 4 billion that were thought to have been secured through the Recovery Fund (TAA) remain on paper, but due to a lack of money they will not proceed. These are major energy projects, tourism and commercial projects or real estate by high capitalisation companies that, while they rushed to submit a full funding request up to [...]

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