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16 Mar 2015
Greece to have EUR 2.3 billion in structural funds – EC’s Juncker
FXStreet (Mumbai) - As per MNI reports, European Commission President Juncker said that the European union will provide Greece with EUR 2.3 billion in structural funds if the Greek PM agrees to intense inspection program from international creditors.
Juncker said Greece is on a reform plan that could lift the T-bill limit, and the nation may also cooperate on a plan with the European Central Bank (ECB) to gain flexibility over T-bill sales. Moreover, the plan also depends on the ECB governing council lowering its concerns over monetary financing at the ELA meeting scheduled on Wednesday.
Juncker said Greece is on a reform plan that could lift the T-bill limit, and the nation may also cooperate on a plan with the European Central Bank (ECB) to gain flexibility over T-bill sales. Moreover, the plan also depends on the ECB governing council lowering its concerns over monetary financing at the ELA meeting scheduled on Wednesday.