European Parliament

European Parliament endorses the 95% co-financing rate for member states receiving financial assistance

Brussels, 1 December 2011 – Today, only 4 months after Commission's proposal (IP/11/942), the European Parliament agreed to supplementary EU co-financing to countries facing particular difficulties in managing public debt/deficit and ensuring financial stability.

Greek Minister Chrysochoidis in the European Parliament

Earlier this week Mr. Chrysochoidis, the Greek Minister for Development, Competitiveness and Shipping, took part in the meetings of the Committee of Regional Development within the European Parliament. The summary of the debate is summarized on the EP page of the Commitee: EU regional aid to help put Greece back on an even keel "We are undertaking a radical change in Greek society and institutions to create a more rational and more competitive development model", regional policy minister Michalis Chrysochoidis told the Regional Development Committee on Tuesday.


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