EU Commission to increase funding to over 20,000 Greek businesses 

EU Commission

EU Commission

The EU Commission will be increasing funding to Greece as part of the EU Competitiveness Programme, in an effort to strengthen small and medium size enterprises competitiveness, according Commissioner Corina Cretu.

Cretu made the announcement during an interview with Kathimerini newspaper and said that the European Funds is expected to activate 11 million euros for investments to support 20,000 SMEs in Greece for the period 2021-2027.

Commissioner Cretu said that approximately an additional 1.5 billion euros is proposed for Greece in comparison with the period 2014-2020.

She added that despite the progress made, more efforts are necessary in the solid waste management as well as in the implementation of programmes in the area of digital technologies and e-governance, adding that a total of 2 billion euros are still available from European Funds for investments in these sectors.

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