July 20, 2011 / 10:06 AM / 8 years ago

EU's Barroso appoints body to help boost Greek growth

BRUSSELS, July 20 (Reuters) - European Commission President Jose Manuel Barroso appointed a task force on Wednesday to help Greece use European Union structural funds to boost growth and help the country tackle its debt crisis.

The appointment follows a decision by EU leaders at a summit last month to allow Greece to access billions of euros of structural funds to try to stimulate economic growth.

“The Commission has decided to appoint Horst Reichenbach, vice-president of the European Bank for Reconstruction and Development and former director general of the Commission, to chair this task force,” Barroso said in a statement.

“The Commission wants no stone to be left unturned when it comes to using structural funds in the best possible way to assist Greece in enhancing competitiveness, boost growth and tackle unemployment.”

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