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Better rate of EU funds' absorption by Greece: report
02 December, 1998

Greece is apparently "winning the battle" of absorbing European Union funds, although the "front" concerning better management and control of funds being absorbed remains open.
This was stressed by the Greek commissioner at the European Auditing Convention, Popi Nikolaou, a former Eurodeputy of PASOK, who presented the main points of the EU body's annual report for 1997 at a press conference at the European Parliament's office s in Athens yesterday, placing particular emphasis on Greece.
Ms Nikolaou said that Greece has passed the obstacle of the EU average and has won the battle of absorption in the first half of 1998. She said that it must now give the major battle of quality in the management and control of subsidies.

Source: Athens News Agency

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