Δημοσίευση: ’
Green Fund sees budget slashed
The Green Fund, set up in 2010 so proceeds from building penalties could be used to improve the environment, has suffered a further setback after the government issued a legislative act that allows only 2.5 percent of its reserves to be used for green projects, such as creating parks, with the rest going toward the state budget.
The Green Fund, set up in 2010 so proceeds from building penalties could be used to improve the environment, has suffered a further setback after the government issued a legislative act that allows only 2.5 percent of its reserves to be used for green projects, such as creating parks, with the rest going toward the state budget.
The Green Fund, set up in 2010 so proceeds from building penalties could be used to improve the environment, has suffered a further setback after the government issued a legislative act that allows only 2.5 percent of its reserves to be used for green projects, such as creating parks, with the rest going toward the state budget.
“This is a terrible development,” the fund’s president, Costas Serraos, told Kathimerini. “We will have a budget of just 50 million euros in 2013.”
Source: ekathimerini.com
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