Athens Secures €85m in EU Funds for Upgrade Projects

Syntagma Square, Athens

A total of 85 million euros in EU funds have been approved to go towards works and projects in the Greek capital over the next five years, Athens Mayor Giorgos Kaminis announced on Thursday.

Municipal authorities secured a total of 85 million euros as part of the Operational Program Attica – 2014-2020 focusing on urban regeneration, environmental protection, energy efficiency, social welfare and education as well as culture and tourism development, and on the support of entrepreneurship.

Athens Mayor Giorgos Kaminis

The funds will also go towards works in the municipalities of Nea Smyrni and Tavros-Moschato as part of Athens’ joint development efforts.

“Athens is on a track to recovery thanks to the 85 million euros we have secured for the next five years… Athens can now look to the future with optimism,” Kaminis said, adding that “the projects in the development plan are aimed at upgrading the daily lives of citizens, improving the image and functionality of the city and its competitive profile”.

The funding follows the city’s “Ergo Athina” (Project Athens) urban development project, which for the first time secured direct EU subsidies for a municipality.