Saturday, June 18, 2011

BRUSSELS - Juncker wants aid from the EU budget for Greece


Technology blog from Bangladesh

BRUSSELS - The leader of the finance ministers of the euro area, Jean-Claude Juncker, suggested Saturday that Greece has an extra financial boost from the budget of the European Union to help cope, in addition to loans it already receives.

"I do not understand - perhaps I am too naive - this evil European who wants that when it comes to Greece to affect the volume key financial policy of cohesion and regional policy, we continue to emphasize the obligation to co-finance these programs, "he said in an interview with the daily La Libre Belgique.

"It would be appropriate that we change our rules and we will not force it. It would be a lifeline for Greece, it could build on these policies to develop its infrastructure and increase its growth potential," added Juncker, who is also Prime Minister of Luxembourg.

"Europe appears to be the bogeyman" in resolving the debt crisis in Greece, "so I would also that we develop, as Europe, a joint economic-policy that gives hope to Greece," he said.

In a number of areas such as politics itself cohesion and regional (aid to disadvantaged regions) or agriculture, for grants from the EU budget can be conditioned to the provision of additional funding from countries that are perceived, usually up to half.

This is the rule of "co-financing," Mr. Juncker wishes suspended for Athens.

He expressed concern about the growing hostility towards people of Europe countries forced austerity cures.

"If today's youth become tomorrow's Euro-skeptics, they would join with the previous generation," Juncker warned.


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