Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 3 New Active ETFs on Our Radar
    • Ethereum Funds Shed $222 Million as Crypto Bill Fears Rattle Investors
    • How to use a lumpsum calculator to plan your one-time mutual fund investment
    • Treasuries Climb as Powell Eases Fed-Hike Jitters: Markets Wrap
    • Trump to take first steps in opening retirement funds to private markets
    • Bonds Mostly Finding Their Own Buyers
    • Global bonds head for steepest monthly drop in years as war fuels yield surge
    • How to Invest in SIP With an Index Fund Calculator: Step-by-Step Guide
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Greece targets regional funding post in next European Commission – POLITICO
    Funds

    Greece targets regional funding post in next European Commission – POLITICO

    August 28, 2024


    Greek Prime Minister Kyriakos Mitsotakis has made it known that Greece expects an important portfolio, particularly as he played a significant role in helping Commission President Ursula von der Leyen secure a second term.

    Greece has nominated Apostolos Tzitzikostas, the governor of the Greek region of Central Macedonia, as its next European commissioner. Like all nominees put forward by each national government he still needs the endorsement of von der Leyen and the European Parliament and it’s for von der Leyen to decide what role each commissioner takes up.

    Tzitzikostas might have to compete with Italy’s likely pick for commissioner, Raffaele Fitto, who is also aiming for one of several economic portfolios including cohesion, according to reports in Italian media.

    Greece believes Tzitzikostas would make an ideal candidate for the cohesion position, according to the Greek official, because of his oversight of cohesion funds over the last 10 years as regional governor and his relationship with similar politicians across Europe. From 2020 to 2022, he served as the president of the EU’s Committee of the Regions, a Brussels body that represents local administrations.

    “He also has an understanding of the changes that need to be made to make cohesion policy more effective and knowledge of the advantages and disadvantages of the current system and procedures,” the official added.

    The Commission is considering linking cohesion funding to the fulfillment of domestic reforms in the next EU budget, which will come into force in 2028. These plans have set alarm bells ringing among regions that are worried they will be sidelined by national capitals over how this money is spent. Given his pedigree, regions might see Tzitzikostas as a politically ally in the new Commission.

    Until now, the bulk of cohesion funding, which was worth €392 billion over the period from 2021-2027 and aimed at helping boost growth in Europe’s poorer regions, has been paid according to agreed criteria rather than as a carrot for meeting targets. But countries may soon have to meet targets in return for their share.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Ethereum Funds Shed $222 Million as Crypto Bill Fears Rattle Investors

    March 30, 2026

    Trump to take first steps in opening retirement funds to private markets

    March 30, 2026

    Distressed-debt funds excited about private credit bargains

    March 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Treasuries Climb as Powell Eases Fed-Hike Jitters: Markets Wrap

    March 30, 2026

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    ETFs

    3 New Active ETFs on Our Radar

    March 30, 2026

    Lan Anh Tran: 2025 was a breakout year for active ETFs as they reached nearly…

    Ethereum Funds Shed $222 Million as Crypto Bill Fears Rattle Investors

    March 30, 2026

    How to use a lumpsum calculator to plan your one-time mutual fund investment

    March 30, 2026

    Treasuries Climb as Powell Eases Fed-Hike Jitters: Markets Wrap

    March 30, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Arthur Hayes’ Maelstrom Parks 5% of its Funds With Ethena USD Amid Election Uncertainty, Holds Large BTC, ETH Bullish Bets

    October 28, 2024

    gold mutual funds: Should you consider international and gold mutual funds after Budget 2024?

    August 11, 2024

    HSBC AM se positionne sur le marché des ETFs actifs avec 5 fonds

    June 12, 2025
    Our Picks

    3 New Active ETFs on Our Radar

    March 30, 2026

    Ethereum Funds Shed $222 Million as Crypto Bill Fears Rattle Investors

    March 30, 2026

    How to use a lumpsum calculator to plan your one-time mutual fund investment

    March 30, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.