Yesterday, European Commissioner for Regional Policy Johannes Hahn approved EU financial support worth €2.97 billion for the construction of four major motorways in Greece. According to the Commission, these investments, considered to be among the most important infrastructure projects in Greece, will play a decisive role in the country's economic recovery, connecting its regions with fast and safe motorways. It is expected that more than 6,000 jobs will be created during their construction, and should be completed by the end of 2015.

The projects were abruptly interrupted because of the financial crisis in Greece. "Their resumption and the fact that the European Commission and several European companies are again prepared to invest in them, is a sign of growing confidence in Greece's recovery," said Hahn. He also added that "the Trans European Network for Transport of which these motorways are a part (PAThE), is essential for connecting the continent and for the smooth functioning of Europe's single market," noting that "the competitiveness of the regions they pass through will be improved, making them more attractive to investors."
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