George Avtias: “Green light” for the 10 proposals to the EIB – a boost to growth, jobs, and support for households

The 10 proposals by Giorgos Avtias were adopted by the Committee on Economic Affairs regarding the EIB, with an emphasis on growth, jobs, SMEs and housing support.

The proposals were approved by a broad majority in the Committee on Economic Affairs the proposals submitted by New Democracy MEP Giorgos Avtias as part of the report on the financial activities of the European Investment Bank, signaling a policy direction to strengthen the real economy through targeted investments, with an emphasis on creating new jobs, supporting small and medium-sized enterprises, addressing the housing crisis, and strengthening critical infrastructure in health, education, and regional development, while particular emphasis is also placed on energy interconnections and reducing bureaucracy to accelerate investment flows in the European Union.

By a wide majority, the Committee on Economic Affairs voted in favor of the proposals by New Democracy MEP Giorgos Avtias, in the report on the financial activities of the European Investment Bank which also refer to support for the Greek economy, as stated in a related press release.

The 10 proposals

The 10 proposals concern “new jobs, income growth, addressing the housing crisis, business support, completion of the electricity grid, regional funding, and financial support for health, education, and infrastructure.”

Specifically, according to the same announcement, the Greek MEP’s proposals are as follows:

– Creating new jobs to boost income.
– Supporting entrepreneurship, boosting competitiveness, and promoting innovation.
= Access to direct funding for all regions to boost regional and island development. In this way, Greek regions will have equal access to European funds compared to the rest of Europe’s regions.
– Increasing investment in small and medium-sized enterprises, young farmers, and the manufacturing sector with sufficient and predictable resources.
– Implementation of investments in critical infrastructure, such as schools, hospitals, and daycare centers.
– Completion of infrastructure projects that will provide multiplier benefits for the country.
– Supporting investments in technologies that will accelerate activity in the private and public sectors.
– Completion of electricity interconnections in Europe to ensure cheaper electricity.
– Mobilization of European funds to address the housing crisis.
– Completion of all flagship initiatives that will reduce bureaucracy.