Saturday December 20, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Gov't eyeing extra 2 billion euros in EU subsidies

By Evgenia Tzortzi

The program for the 2014-20 European Union subsidy funding period will entail the investment of 26 billion euros. On top of the 20.8 billion set to come from Brussels, another 5.2 billion from Greece will be added. This includes an extra 2 billion euros that the Greek side will attempt to obtain in 2016 by utilizing the revision clause.

The clause concerns a pledge that Brussels made to Greece during the negotiations in order to offset the fact that the distribution of resources was made on the basis of pre-crisis data from 2007 to 2009.

The European Commission’s approval of the Greek subsidy program late last week allows for the timely start of the program’s implementation within 2014.

According to Development Minister Costis Hatzidakis, “the completion of the procedures for the new funding program by the European Commission paves the way for the rapid approval of the specific programs that are already under negotiation with Brussels and will be officially submitted before midsummer.” He added that the government’s aim is to “begin the proclamation of the new actions as soon as possible and make sure that we will not have a funding gap as is usually the case between funding periods.”

Emphasis will be placed on action to tackle social problems, which will be frontloaded. Their immediate start will be a priority so they can quickly benefit the sections of the population that have been hardest hit.

Ministry planning includes programs for the employment and training of young people, support for hard-hit social groups, combating poverty, support for the unemployed, new businesses, vouchers for enterprises that hire young unemployed people, employment for the jobless in community work projects, and energy upgrades for homes via the ministry’s program for that purpose.

ekathimerini.com , Sunday May 25, 2014 (23:32)  
Workers rush to get early retirement
Piraeus Containter Terminal goes from strength to strength
Moscovici: Creditor inspections to become less frequent and ‘lighter’
Property capital gains tax halt
Environment Ministry to reconsider controversial bill
The government over the weekend appeared to backpedal on proposed amendments widely seen as compromising legislation protecting Greek forests as well as Plaka, Athens’s old quarter. The bill...
Corfu to host country’s first hydroplane strip
Merchant Marine Minister Miltiades Varvitsiotis and Deputy Infrastructure and Transport Minister Michalis Papadopoulos have signed a decision paving the way for the country’s first hydroplan...
Inside News
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
Inside Sports
COMMENTARY
The big picture
In his second term, US President Barack Obama is taking steps to enshrine his legacy and solidify America’s standing in the 21st century. His recent decision to normalize relations between t...
EDITORIAL
Get your facts straight
The danger that political discourse in Greece will sink to the basest levels of vulgarity is already more than apparent from the allegations we have heard bandied about over recent days. The...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Environment Ministry to reconsider controversial bill
2. Corfu to host country’s first hydroplane strip
3. Political upheaval sharpens after bribe claims with threats and insinuations
4. Police gets new communications system
5. Most Greeks say they recycle daily
6. Probe into revenues of 2 mln euros in Halkidiki municipality
more news
Today
This Week
1. The big picture
2. Get your facts straight
3. Political upheaval sharpens after bribe claims with threats and insinuations
4. Changes on E9 property declarations possible until end-year
5. Probe into revenues of 2 mln euros in Halkidiki municipality
6. Corinth-Patra highway traffic to be diverted
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. Europe's drama in Greece needs final act to avoid tragedy
6. High stakes
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.