NEW EUROPE.- The European Commission will stop all payments of the European Regional Development Fund/Cohesion fund to Greece for the 2014-2020 programmes. This is confirmed by an internal letter obtained by New Europe signed by Walter Deffaa, Director-General for Regional Development (see below).Seguir leyendo...
The reason for the Commission’s pause is an investigation of the Greek competition authority, which concerns possible manipulation of tendering procedures for major infrastructure projects.
While the letter was circulated internally on June 17, it is expected that the decision will not be announced until after the European Commission President, Jean-Claude Juncker, has concluded his trip to the Greek capital, but before the competition authority will examine the case on July 21.
The European Commission did not immediately respond to New Europe on whether the President had discussed the issue with Greek Prime Minister Alexis Tsipras, or as to the amount of money that would be affected by this decision.