chaniarentacar-gr

The European Commission has agreed to fund 95 % of the funds required for structural projects in Greece. The EC task force is expected to arrive in Athens at the end of this month for implementation of project reforms. The parliament in Greece is trying to bring about legislations for smooth implementation of the reforms.
The 159 billion deal agreed between the eurozone and Greece last month in Brussels has largely been the cause for such actions. However how far such actions will benefit Greece is a million dollar question as not much clarity is there.
The only saving grace is that Greece will be getting some time in hand to deal with investors who have not considered Greece as a future market. Moreover one aspect of the euro Brussels deal which is of importance is that much needed loans at lower interest rates would continue to be provided to Greece against meeting of fiscal targets.