European Commission President Jean-Claude Juncker said on Monday that he and the European Commission offered a 35 billion euro programme for growth-enhancing measures in Greece up to 2020.
"The Commission and I myself were proposing to our Greek friends a program of 35 billion to be disbursed from now and to 2020. This is not money, to put it simply, for the budget, but real money for the real economy. This is not only about budgetary consolidation, fiscal consolidation, although this is of permanent importance - but we need growth and we need jobs in Greece" he said.
One billion could be provided in the second half of this year, Juncker noted.