Alternate Foreign Minister responsible for EU affairs Miltiadis Varvitsiotis on Tuesday expressed Greece's dissatisfaction with the new Multiannual Financial Framework 2021-2027 as EU funds for cohesion policy and common agricultural policy remain at low levels.

"The proposed reductions do not satisfy us," Varvitsiotis said adding that the countries that have suffered the consequences of the economic crisis cannot stand on their feet without adequate EU funds.

The deputy minister called on his partners to work together in order to reach common ground on the allocation of European funds until Thursday's summit.