EU grants Greece extra cash, Athens pledges reforms | News | DW.DE | 20.03.2015.
European Commission President Jean-Claude Juncker (pictured above) announced on Friday that the EU would make two billion euros ($2.15 billion) of unused development funds available to Greece’s new government, led by the anti-austerity Syriza party of Prime Minister Alexis Tsipras.
Speaking to reporters in Brussels, Juncker stressed that strict conditions were attached to the additional funds.
“This will not be used to fill Greece’s coffers, but to support efforts to create growth and social cohesion in Greece,” said Juncker, adding that one of the main aims of granting the funds was to reduce youth unemployment in the country.


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