Another €300 million from EIB to Greece

The European Investment Bank (EIB) announced two new loans to Greek entities on Friday in Athens, worth more than 300 million euros between them.

They have been issued to the Hellenic Research and Innovation Foundation (ELIDEK) to support research and development at universities and research centers (€143 million), and for the financing of an irrigation project in the Platis River on Crete (€160 million).

"Greece consistently ranks among the countries to benefit the most from EIB financing, in proportion to the size of its economy," pointed out the lender's Vice President Kyriacos Kakouris, announcing that in 2023 the bank's group signed financing agreements amounting to €2.5 billion in Greece, an amount that exceeds 1% of the country's GDP, one of the highest in the EU.

He assured that the EIB group will remain committed to supporting the Greek economy: "As we...