Progress in projects discussed in meeting with EIB head

3 November 2015
55 Views

Securing funds for the completion of ongoing infrastructure projects as well as the planning for the financing of new projects were discussed in a meeting between Infrastructure, Transport and Networks Minister Christos Spirtz is with European Investment Bank (EIB) President Werner Hoyer on Tuesday.

After the meeting, Spirtzis said the majority of projects funded by the current National Strategic Reference Framework (NSRF), which expires at the end of this year, must be completed by March 2017 to avoid losing funds and so as to transfer as few projects as possible into the new one program.

The projects that must be completed are the motorways and the metro and rail extensions. Concerning Thessaloniki metro, its funding has been extended to March 2020.

Commenting on the meeting, Hoyer noted that the bank remained in Greece during the crisis and plans to remain after the crisis, while he said he is optimistic after his meeting at the ministry. “It’s incredible how many projects will soon be concluded in Greece,” he said adding there has been big progress in the motorways, especially in Moreas.
“What is important now is to make a list of priorities, like the minister suggested,” he said.

You may be interested

Property value plummets by 34% in Greece
FINANCE
shares51 views
FINANCE
shares51 views

Property value plummets by 34% in Greece

Panos - Jul 20, 2017

The median value of houses in Greece has recorded a significant fall of 34% between 2009 and 2014, from €106,340…

Michael Karloutsos Appointed State Department Deputy Chief of Protocol and Acting Chief
GREECE
shares46 views
GREECE
shares46 views

Michael Karloutsos Appointed State Department Deputy Chief of Protocol and Acting Chief

Panos - Jul 20, 2017

WASHINGTON, DC – Michael Karloutsos has been appointed Deputy Chief of Protocol and Acting Chief, a high-profile position in the…

Red Cross ends provision of services in Softex/Kordelio camp
GREECE
shares65 views
GREECE
shares65 views

Red Cross ends provision of services in Softex/Kordelio camp

Panos - Jul 20, 2017

The Red Cross which has been providing services to the residents of Softex/Kordelio camp in the outskirts of Thessaloniki, since…

Leave a Comment

Your email address will not be published.