European Commission adopts ‘Partnership Agreement’ with Greece
23/5/2014
The European Commission has adopted a "Partnership Agreement" with Greece setting down the strategy for the optimal use of European Structural and Investment Funds in the country's regions and cities for 2014-2020.
Today’s agreement paves the way for Greece's return to recovery and growth, and its transformation into a productive economy. It sets out how €15.52 billion in total Cohesion Policy funding in current prices and €4.2 billion for rural development to be invested in the country’s real economy. The allocation under Fisheries and Maritime Policy will be finalised and published this summer.
The EU investments will tackle unemployment, to create good lasting jobs boosting and growth through support to innovation, the low carbon economy and training and education. They will also promote entrepreneurship, fight against social exclusion and make an important contribution to an environmentally friendly and a resource-efficient economy.
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Last modification date:
28/5/2014
