The Greek economy will receive two billion euros in the form of EU funds by the end of October to implement programs of the 2007-2013 periods, Economy Minister Giorgos Stathakis told journalists after a meeting with EU’s Commissioner for Regional Policy Corina Cretu on Monday.
Stathakis said the EU will take over the payment of 5 pct of Greece’s participation in the relevant programs, removing need for national co-financing for the aforementioned period.
On her side, Cretu added that in the new National Strategic Reference Framework (NSRF) for 2014-2020, the EU’s advance payment (“pre-financing”) will double to 14 pct from 7 pct and noted that it is now a matter of political will and responsibility to design the programs that will better utilize these funds.
“We worked very hard to put these proposals on the table; they are as exceptional because the situation is Greece is exceptional. I went to the European Parliament to defend them and I am calling now for their swift adoption, as we know that this money is needed now,” she added.