ECONOMY

Deputy Economy and Finance Minister…

Deputy Economy and Finance Minister Yiannis Papathanassiou (left) and the vice president of the European Investment Bank, Ploutarchos Sakellaris, yesterday signed a memorandum of cooperation for the promotion of sustainable development in urban areas. Its aim is to provide funds for supporting integrated action and investment that will contribute to the development of urban areas and the creation of new employment opportunities. The money for this initiative will come from European Union programs for the period 2007-2013 as well as from private resources.