Priority investment in high-impact small scale projects across Greece will be accelerated after agreements were signed by Minister of Finance of the Hellenic Republic and Governor of the European Investment Bank, Christos Staikouras, Deputy Minister of Development and Investments of the Hellenic Republic, Yannis Tsakiris, European Investment Bank President, Werner Hoyer and EIB Vice President responsible for Greece, Christian Kettel Thomsen.
“ Investment to improve health and education, enhance economic opportunities, and strengthen climate action is key for Greece in these challenging times. Today’s new 200 million euros agreement will contribute to long-term financing and accelerate a green recovery following the COVID-19 pandemic. The excellent cooperation between the Greek authorities and the EIB Group’s Investment Team for Greece is testament to the enduring, intense, positive relationship between the country and the EU Bank.” said Werner Hoyer, President of the European Investment Bank.
This key agreement will enable schemes under the Greek 2014 – 2020 Partnership Agreement between the EU and the Hellenic Republic to be smoothly financed and increase economic and social impact. The latest EUR 200 million EIB financing represents the final tranche of 1.7 billion euros European Investment Bank support for the Greek national contribution to EU structural fund backed priority investment across the country, which is co-financed by the EU Structural and Investment Funds. This will enable projects under the 18.6 billion six-year European Union program to be completed or expanded to increase economic and social impact.
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