Calamos Supports Greece
GreekReporter.comGreeceEC President Proposes To Frontload EU Funds To Greece

EC President Proposes To Frontload EU Funds To Greece

European Commission should find ways to front load and accelerate EU money, so that Grece gets the benefit now, EC President José Manuel Barroso said on Tuesday, adding that the doption of the governance package is one of the central pillars in comprehensive response to the crisis.
Greece has the potential to access a significant amount of EU money under cohesion policy,” Barroso stated.
“We should concentrate these funds on where it matters the most now: on improving competitiveness and employment. We should coordinate them, so that we make the most impact”, he added.
“We know that many people in Greece are faced with deep cuts that have a real impact on their income. We understand how difficult this is. If there were an easier route out of the crisis, we would have taken it. But there is not”, European Commission President said.
“My message today is that if Athens acts, Europe will deliver. There is a plan. I urge everybody to now act upon it. I think it is better to act than just to talk. There is a plan, let΄s put it to practice, Barroso concluded.
(source: capital)

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts