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The European Commission Vice president Jyrki Katainen is in Athens to present the Investment Plan for Europe through meetings with investors, small-and-medium-sized businesses and local politicians. The Investment Plan for Europe or Juncker Plan aims to revive investment in strategic projects around Europe by mobilizing 315 billion euro for the period 2015-2017.
The Vice-President is in Athens to mark the approval of the first project in Greece that will benefit from the Investment Plan. On this occasion, he will present the Investment Plan to investors, small-and-medium-sized businesses and local politicians. He will as well discuss with Prime Minister Alexis Tsipras how Greece can benefit from the EFSI.
The Investment Plan can be combined with European Structural and Investment Funds to allow projects to get off the ground relatively quickly. Furthermore, the Commission supports Greek authorities in setting up efficient and effective structures for the management of European funds through its Structural Reform Support Service. It should help them to design better quality project and therefore attract private investors.
25 August 2021
