Wednesday Jul 30, 2014 Search
Weather | Athens
31o C
24o 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)  
Deals reached for twin plot on Afandou, for 42 million
More delays and red tape for companies’ tax rebates
Greek shipowners continue to invest in fleet renewal
Trainose sale is not on track
Troika review in Athens unaffected by Paris meeting
A meeting between troika and Greek government officials in Paris at the beginning of September does not mean that representatives of Greece’s lenders will not then travel to Athens to carry ...
Soldiers set to sue over wages
Members of the armed forces and emergency services look set to take legal action to have their wages restored to pre-2012 levels after the government suggested it would not raise their pay t...
Inside News
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. “I l...
Inside Sports
COMMENTARY
Through insecurity comes optimism
Prime Minister Antonis Samaras recently expressed his optimism regarding the quota of 180 Parliamentary deputies required for the election of Greece’s next president, in order for the countr...
EDITORIAL
Futile policy
The policy that Israel has been pursuing vis-a-vis the Palestinians is wrong and futile. Current tactics have failed to resolve the security issue and, at the same time, they are rapidly dra...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Deals reached for twin plot on Afandou, for 42 million
2. More delays and red tape for companies’ tax rebates
3. Greek shipowners continue to invest in fleet renewal
4. Trainose sale is not on track
5. Industry asks for gov’t intervention
6. Troika review in Athens unaffected by Paris meeting
more news
Today
This Week
1. Greece names fifth privatization agency chief in four years
2. Archaeological council bans international climbers' gathering at Meteora
3. World’s largest solar boat on Greek mission
4. Venizelos to meet Nimetz in Athens
5. Tsipras discusses Cyprus with Anastasiades in Athens
6. More than 120,000 households to receive special benefit
Today
This Week
1. Unequal after death
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
4. Quadriplegic woman on life support 'dies due to unpaid power bills'
5. Front-line threats
6. Greek coast guard picks up 77 migrants off Myconos
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.