Greece: Brussels approves 181 mln for motorway stretch

Total cost 232.43 mln

01 June, 17:07

(ANSAmed) - BRUSSELS, JUNE 1 - The European Commission today approved the allocation of around 181 million euros for the construction of a stretch of motorway in Greece which will connect the Aktio area to the country's north-south axis. The project, totalling 48.5km of road, is part of the Ten-T trans-European transport network which will cost a total of 232.43 million euros; 77,83% of this sum - 180.9 million euros - will be funded by the European Union through the regional development fund.

''This is an emblematic infrastructure project that will benefit the Greek economy,'' said EU commissioner for regional policies Johannes Hahn. ''Our joint efforts to solve the financial and technical problems are starting to pay off and similar projects will contribute to improving the living conditions of the Greek population, creating immediate job opportunities." (ANSAmed).

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