On Tuesday 11 October, MEPs on the European Parliament’s regional development committee (REGI) voted (by 31 in favour and 3 abstentions) for the European Commission’s proposal to extend the special financial measures for Greece and Cyprus, given these countries' difficult economic situation.
The draft legislation aims to help the member states worst hit by the financial and economic crisis to continue implementing the programmes on the ground, said European Parliament rapporteur Iskra...