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Commissioner Hahn meets new Greek government in Athens

13/07/2012

Commissioner Johannes Hahn went to Greece on 12-13 July to meet representatives of the new government: Prime Minister Antonis Samaras, Minister of Finance Mr Giannis Stournaras, Minister of Development, Competitiveness, Infrastructure, Tansport & Networks Mr Kostas Hatzidakis, Minister of Environment, Enegy and Climate Change Mr Evangelos Livieratos, as well as the Mayor of Athens Mr Giorgos Kaminis.

The main topics of discussion were on how to further improve the use of EU structural funds to boost growth and job creation in Greece. The Commissioner mentioned the measures taken by the Commission to help Greece's economy with means of the structural funds – higher EU co-financing rate, set up of a loan facility with use of funds to help small and medium companies, proposed risk sharing for big projects and set up of a list of 181 priority projects and adoption of two major motorway projects – and discussed with the representatives of the new government how to deliver more results.

They agreed that the outstanding priority projects have to be implemented as soon as possible, that the use of loans for small and medium-sized enterprises needs to be sped up and finally that acceleration of the absorption of EU funds is compulsory to meet the targets from the Memorandum of Understanding. A proper system of cadaster should also be set up to ensure clarity for potential investors in the country.