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The NSRF absorption target for 2016 met

By   /   02/01/2017  /   Comments Off on The NSRF absorption target for 2016 met

The absorption of National Strategic Reference Framework  (NSRF) resources for 2016 has reached 11.35%, which corresponds to 1.6 billion euros against a 7% absorption target the equivalent to 1 billion euros of community contributions, according to figures provided by the Greek Ministry of Finance.

According to final data which were communicated to the European Commission on 31.12.2016, the amount of the payment claims declared by Greece amount to 1.612.537.278,15 euros of community contributions. This amount corresponds to an absorption of 11.35%, exceeding the target set by 60%, and equivalent to 1 billion euros of EU assistance and an absorption of 7%.

The amount of applications corresponding to sector programs is 1.198.64.541,93 euros while 413,890,736.22 euros correspond to regional programs. As regards the individual Funds, 726 million Euros of community contributions correspond to the European Regional Development Fund (ERDF), 626 million euros to the European Social Fund (ESF)  and 260 million euros to the Cohesion Fund.

“Both the sectoral and regional operational programs have covered their goals and are an example for the effective cooperation of central government authorities and beneficiaries” as stated by officials of the Greek Ministry of Finance./ΙΒΝΑ

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