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Absorption rates of Structural and Cohesion Funds in Greece - December 2012

Data as of 31 December 2012. Detailed information available here. Data: www.espa.gr

Funding priorities for 2014-2020 in Greece - Summary of the Position Paper of the European Commission

The Position Paper of the Commission Services on the development of the Partnership Agreement and programmes in Greece for the period 2014-2020 sets out the key country specific challenges and proposes five complementary and mutually reinforcing funding priorities.

These are the five priorities that the European Commission would like to co-finance in Greece in the future programming period.

1. A business-friendly environment conducive to investments

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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'.

Absorption rates in Greece- 38,35% in August 2012

Commissioner Hahn encourages the set-up of regional management structures in Greece (2014-2020)

In the speech delivered to the Governors of the Greek Regions, Commissioner for Regional Policy Johannes Hahn discussed the opportunity of setting-up regional management bodies for the future programming period.' It is worth considering using the new regional set up to ensure that projects are developed and managed by regionally accountable bodies. It is worth thinking about how to combine the need for investments of national importance with the regional dimension.

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