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Greece: EU funds support economic recovery

Visit in Athens

10/12/2010

Commissioner Johannes Hahn was in Athens on 10 December 2010 for a meeting with the Greek Prime Minister, George Papandreou, and other members of the government responsible for implementing EU regional policy. 

From 2007 to 2013, EU cohesion policy is investing €20.4 billion in Greece. So far, the level of payments made by the Commission has reached 21% of that amount (all funds included), which means that significant amounts of investment are still available.

As regards the necessary national match-funding, the Greek authorities have been granted a loan of €2 billion by the European Investment Bank (EIB).  

 

Commissioner Hahn also presented the recent Cohesion Report, which sets out options for the future of EU cohesion policy after 2013, and encouraged the Greek authorities and stakeholders to participate in the public consultation that runs until 31 January 2011.