Commission Representation in Greece: EC’s front-loaded funding of NSRF projects in Greece will boost real economy

The decision by the European Commission to extend the front-loaded funding of investment projects included in Greece’s National Strategic Reference Framework (NSRF) plan is a positive development that will boost the real economy, the head of the European Commission Representation in Greece, Panos Karvounis, told THE Athens-Macedonian News Agency.

“The decision by the European institutions to extend the front-loaded funding of NSRF’s investments projects which are being implemented in our country constitutes an important injection of liquidity into the real economy,” he said, adding this will allow the country to fully utilize the investment opportunities provided by the program.
“This help, which amounts to a temporary increase in European payments by 10 percent, is added to last year’s EU decision to pay to Greece an increased deposit by 1 billion euros, to accelerate the start of new development projects this year,” he said.