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Task Force for Greece

Implementation of Cohesion Policy in Greece as of January 2014

The Sixth Activity Report of the Task Force for Greece (TFGR) has been published last week. It highlights progress that Greece has made in absorption of its ESI Funds as compared to the end of 2010. Namely, Greece ranks 2nd among all Member States in absorption of Cohesion Fund, and 4th in regards to absorption of Structural Funds. The 4th place in absorption of Structural Funds has been lowered by the relatively low absorption of European Social Funds (62,31%) as compared to other EU Member States (67,59%).

Greece: Achievements and developments in the field of Structural and Cohesion Funds

The 4th Quarterly Report of the Task Force for Greece highlights the main achievements and developments in the field of Structural and Cohesion Funds.: -The absorption target for 2012 was reached to a level of 87,3%. No funds have been decommitted in 2012, but there is a risk of decommitment in 2013; - In March 2013 the absorption rate stood at 56,1% ; - Projects concerning entrepreneurship have the highest absorption rates (75%). Spending on environmental projects is low (15%); - The number of sleeping projects was reduced by half; - The deadline for closing projects from the previous programming period was extended until December 31 2013. - 15 out of 181 priority projects have been completed, 86 are under implementation and on track, 70 projects need to be accelerated, 15 projects are unlikely to be concluded, 1 project has been cancelled.

Task Force for Greece - 4th Quarterly Report: Support for growth and jobs in Greece

Press release:  The Task Force has made steady progress in assisting the Greek authorities, in a spirit of solidarity, to help implement a wide range of reforms agreed in the context of the economic adjustment programme for Greece and to maximise the use of EU Structural Funds. The assistance provided by the Taskforce builds on the commitment of the Greek authorities to implement these reforms, which are necessary to rebuild an economy that is conducive to growth and job creation, as set out in the Memorandum of Understanding with Greece.

Third quarterly report of the Task Force for Greece

The third quarterly report of the Task Force for Greece on technical assistance was published in December 2012. The Task Force covers 40 technical assistance projects in ten policy domains, including Structural and Cohesion Funds, budget and taxation, administrative reform and health policy. The report notes progress in accelerating Cohesion Policy projects despite liquidity constraints and a politically complex period: 'Payment claims of approximately €1.234 million (all cohesion policy Funds included) were declared to the Commission during the first 11 months of 2012 against an MoU target of €1.231 million for the first half of 2012 and €3.730m million for the whole year (achievement of 33% of the latter). In particular, for ERDF and Cohesion Fund, the Greeks have declared payment claims for about €889 million against the annual target of €2.850 million (31.1%); as regards the ESF, the Greeks have declared payment claims for about €345 million against the annual target of €880 million(39.2%). Nevertheless for a few operational programmes (due to their specific low absorption rate), the risk exists of Greece losing significant EU funds at the end of 2012 because of the N+2/3 rule'.

Progress after one year of Task Force for Greece

One year ago the Task Force for Greece was created by EC President Barroso at the request of Greek authorities. Today it coordinates an extensive portfolio of technical assistance projects covering 10 policy domains, namely: 1) acceleration of EU-funded projects 2) access to finance 3) public administration reform 4) budget and taxation 5) anti-corruption 6) business environment 7) public health 8) reform of the judiciary 9) migration, asylum and borders 10) labour market and social security. Around 20 Member States are currently providing technical assistance.

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