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Olli Rehn: The Situation for Greek Citizens Remains Very Difficult

EU Finance Chief Olli Rehn

The fifth report of the EU ‘task force’ for Greece, a group of experts sent by Brussels to Athens to help the government deal with structural funds and work on scheduled projects, has been positive.
‘While we are seeing encouraging signs of economic stability in Greece and are expecting a return to growth in 2013, the situation for citizens remains very difficult especially given the high number of unemployed’, said EU economic affairs commissioner Olli Rehn.
The use of EU funds has ‘sensibly improved’ and this is also encouraging, Rehn said. In particular, infrastructure funds worth over 7 billion euros were unblocked after a number of projects had been frozen due to the administration’s inefficiency.
The task force – including 60 experts mostly from Finland, Holland and Germany – helped improved the public administration, collecting taxes and training.
(source: ANSA)

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