EU Funds New Motorway Section in Central Greece
The European Commission on Friday approved an investment of 255 million euros from the Cohesion Fund to construct part of a motorway in Central (or Continental) Greece.
According to an announcement, the missing link between Lamia and Xyniada will complete the Southern part of the E65 motorway, thus connecting the regions of Central Greece and Western Thessaly to the core motorway network.
The motorway is expected to promote the economic, cultural and tourism development of Central Greece and Thessaly, creating jobs and raising incomes in the region.
“This project is tangible proof that the EU continues to invest in improving infrastructure in Greece. Greek citizens, businesses and tourists will all benefit from the new connection,” Commissioner for Cohesion and Reforms, Elisa Ferreira, said.
The Lamia-Xyniada section of the motorway is scheduled to become operational in December 2021.
The EU’s Cohesion Fund is aimed at Member States whose Gross National Income (GNI) per inhabitant is less than 90 % of the EU average. It aims to reduce economic and social disparities and to promote sustainable development.