Brussels, 17/09/2015 (Agence Europe) - On Wednesday 16 September, Coreper II approved the European Commission proposal to amend the modalities for using structural and investment funds in response to the Greek liquidity crisis.
The measures proposed include co-financing of 100% over the 2007-2013 period, the immediate payment of 5% of the budget retained before closure in 2017 and a 7% increase in pre-financing for 2015 and 2016 as part of Cohesion Policy (see EUROPE 11360). These measures...