After a year of support from the European Investment Bank to the Greek economy, which reached record levels in 2021, the president of the bank, Werner Hoyer, will be in Athens on Tuesday and Wednesday to discuss this strong cooperation and for new financial projects to follow.
President Hoyer is scheduled to meet with Prime Minister Kyriakos Mitsotakis and several government ministers to discuss the EIB’s activities in Greece.
With the help of the Special Investment Team for Greece, the EIB has supported a number of transformation projects in the country, according to a relevant announcement, which adds that the recent investments have contributed to the strengthening of the financial resilience against COVID-19, to its utilization. clean energy and supporting priority investments to improve public services.
Investments
The EIB has also recently supported pioneering new investments in improving flood protection and transforming Civil Protection at the national level.
In Athens, President Hoyer will also brief on the support provided by the EIB Group through new projects with key partners, and underline the impact of the EIB and the strong prospects for future cooperation in the country.
During this time, the EIB is evaluating new renewable energy projects, digitization and student housing in Greece, as well as targeted business financing programs. In the aftermath of the war in Ukraine, the EIB is exploring the possibility of providing additional support to the countries most affected.
The EIB and Greece in 2021
In 2021, support for high-impact private and public investment from the European Investment Bank and the European Investment Fund totaled € 4.85 billion – the highest in the country in 59 years.
The financing of the EIB Group in Greece represented 2.7% of GDP, which is the largest participation in any country in the world.
Greece was also a leading beneficiary of the Pan-European Guarantee Fund, set up by the European Investment Bank Group and EU member states within weeks of the outbreak of the COVID pandemic. Therefore, access to finance for businesses throughout Greece will be enhanced by guarantees of 2.7 billion euros, which will be provided by the European Investment Bank and the European Investment Fund through the Pan-European Guarantee Fund.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
PM Mitsotakis Highlights Balanced Budget in Weekly Social Media Review
The prime minister highlights the budget's fiscal responsibility, as it is nearly balanced.
2025: A Pivotal Year for Real Estate in Greece
For apartments in major cities, price increases have so far remained below 11%, with even smaller gains for properties overall.
SYRIZA Votes for New Leader: A Pivotal Moment Amid Challenges
Whether the left-wing’s central efforts to reorganize and connect with regional members have borne fruit, will ultimately be revealed by the election numbers.
Greek Government Targets Record Investment Program and Tax Relief for Middle Class
The digitalization of transactions and measures introduced by the Ministry of Finance, such as the imputed taxation of professionals, generated an additional 1.8 billion euros.
Kasselakis Reveals Name of New Party: ‘Movement for Democracy’
Arriving at the venue, Kasselakis greeted his supporters warmly, saying, “You became the movement, and today we become a party.”
PM Mitsotakis on TikTok on ‘Gigabit Voucher’ Program
The "Gigabit Voucher" program will provide an array of benefits for households and small businesses, as Mitsotakis pointed out in his video post.
Presidential Decree Downgrading Art School Degrees in Question
The Council of State has challenged a presidential decree downgrading art school degrees, citing constitutional violations
Stormy Winds and Thunderstorms, as Cold Snap Hits Greece
Special units from the electricity distribution network HEDNO are working to restore damage caused to electric poles after trees fell on them due to the strong gusts in Preveza.
Fitch Ratings Maintains Greece at BBB-; Retains Stable Outlook
Fitch Ratings: Greece's ratings are supported by income per capita levels above and governance indicators in line with the 'BBB' median
Global Citrus Production Declines – Greece’s Outlook
In Greece, specifically, orange prices increased by 30.18% this Sept.
![Οικοδομικά υλικά: Αύξηση 5,5% τον Οκτώβριο – Ποιες κατηγορίες είχαν διψήφια αύξηση [πίνακς]](https://www.ot.gr/wp-content/uploads/2023/04/ERGATES-KATASKEVES-90x90.jpg)
![Φρούτα και λαχανικά: Τσίμπησαν κατά 7,9% σε αξία οι εξαγωγές – Ποια πρωταγωνιστούν [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/11/frouta09-600x391.jpg)
