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Greece Macro Monitor-EU Structural Funds in Greece: high risks and enormous potential

Greece Focus Notes

20 Σεπτεμβρίου 2012
• Approximately €14bn of public (EU + national) funds or 1.9% of projected GDP are available and 3.5 years left to utilize them.
• Greece is close to the EU average in absorption rates. Yet, MoU targets concerning EU funds absorption for 2012 are at risk.
• Delays are caused by liquidity problems and bureaucratic obstacles.
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