The European Commission urged Greece to intensify and accelerate the implementation of a “Digital Convergence” program in the public and private sectors.

EU Regional Policy Commissioner Johannes Hahn in a meeting with Greek Regional Development and Competitiveness Minister Mihalis Chrysoholidis in Brussels on Wednesday underlined the necessity of speeding up the program and stressed the significance of accelerating the implementation of programs aimed at supporting business activity and allowing small- and medium-sized enterprises more access to funding through a new investment legislation.

The meeting agreed the beginning of a procedure to revising Greece’s Fourth Community Support Framework program, adapting more to the country’s current needs, while the commissioner also underlined the need to adhere to rules over public works. The Greek minister pledged that all necessary measures would be taken to time resolve the problem.

Commissioner Hahn stressed that the set up of a special fund and the adoption of modern financial tools -for the support of SMEs- were significant for the start of a new effort and a new philosophy on improving management of national and community funds. The two men agreed to terminate all non-focused policies of horizontal state subsidies to enterprises.