Greece may get financial boost from EU refugee crisis
‘The refugee crisis may turn out to be an unlikely source of revenue for cash-strapped Greece. The country is receiving hundreds of millions of euro in extra EU funding to cope with the massive influx of migrants.
The European Commission said it has approved almost €200 million in funding for projects related to the refugee crisis in Greece this year. The emergency funding is part of the €700 million announced by the Commission in March for helping refugees over a three-year period.
The funds will not be available immediately, but if agreed by the EU member states and the European Parliament, €300 million will be allocated this year. Two installments of €200 million are to follow in 2017 and 2018.’
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