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GreekReporter.comGreek NewsEconomyJohannes Hahn Satisfied With Absorption Rate of EC Funds

Johannes Hahn Satisfied With Absorption Rate of EC Funds

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European Commissioner for Regional Policy Johannes Hahn on Thursday stated from the city of Larissa in central Greece that future investments in the country should be well-targeted, especially in two vital sectors – energy and SMEs, “the backbone of the economy and generators of job positions.”
The European Commissioner visited the Regional Authority of Thessaly in the context of his tour of the 13 regions in the country to ensure the effective utilization of structural resources, which are the main sources of public investments in the country, commenting that Greece shows signs of recovery.
In regards to the country’s regional authorities, he said that their role was crucial to Greece’s recovery and, referring to the Region of Thessaly, expressed satisfaction on the absorption rate of community funds.
On the new programming period, he underlined that in 2014-2020 Greece will receive 15.5 billion euros in funds that will have to be used correctly to support the real economy.
The EU Commissioner noted that there is progress in the Greek economy, adding that everybody in Europe knows that Greek people are shouldering a big burden.
Hahn visited projects co-financed by the NSRF and local businesses, as well as archaeological sites and a technological educational institute.
Today EU Commissioner Hahn is going to visit the city of Volos, also in central Greece, where he will meet with representatives of the Association of Industries in Thessaly and Central Greece.

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