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European Investments Minister: Half a billion euros available to SMEs under risk capital facility
One of the most progressive components of the National Recovery and Resilience Plan (PNRR) is that of financial instruments and grants for the private business environment, and SMEs will have half a billion euros available as a risk capital facility, under an agreement signed with the European Investment Bank and the European Investment Fund, Minister of European Investments and Projects Cristi
Turkish economy resilient, dynamic: EBRD head
The private sector in Turkey is extremely dynamic, it has a very broad and strong consumer base and rapid re-growth capacity, increasing the importance of the country for the European Bank for Reconstruction and Development (EBRD), according to Odile Renaud-Basso, the president of the bank.
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Slovenia supports plans for EU’s future financial development
Ljubljana – Foreign Ministry State Secretary Stanislav Raščan took part in a meeting of ministers in charge of development cooperation on Thursday, discussing the EU’s future financial development architecture. They called for more cooperation among financial institutions, noting that no major systemic changes were necessary, the Foreign Ministry said.
Liquidity of businesses good but deteriorating, FinMin says
Brussels – The liquidity of companies in Slovenia is good, but deteriorating. The government is working on new schemes to help businesses capable of surviving the crisis, Finance Minister Andrej Šircelj told his counterparts from other EU countries and the Eurozone in online meetings on Monday and Tuesday.
EIB financing, funds for future investment in Greece reach record levels in 2020
The European Investment Bank (EIB) said Wednesday that its annual financing to Greece as well as the budget earmarked for future investment plans in the country reached record levels in 2020.
EIB ready to co-fund Slovenia’s post-crisis recovery
Ljubljana/Luxembourg – The European Investment Bank (EIB) is ready to help Slovenia financially after the Covid-19 crisis, EIB vice-president Lilyana Pavlova told the press on Friday. Finance Minister Andrej Šircelj stressed the importance of investment for post-epidemic recovery.
PM unveils ambitious national road safety action plan
Aiming to rectify Greece's poor statistical record of road accidents, Prime Minister Kyriakos Mitsotakis presented the National Action Plan for Improved Road Safety on Wednesday.
The 450-million-euro program is to financed by the European Investment Bank, and seeks targeted improvements in 7,000 highly dangerous locations across the country.
EIB signs deal to fund Greek Civil Protection with 595 mln euros
Greece's General Secretariat for Civil Protection signed a deal with the European Investment Bank on Thursday for a total of 595 million euros in aid over a period of five years to help upgrade its infrastructure and better respond to natural disasters.
EIB finances the acceleration of local small-scale projects
Greece and the European Investment Bank on Monday signed agreements to accelerate priority investment in high-impact small-scale projects across Greece through financing of 200 million euros.
The latest contracts were signed during a visit to the EIB headquarters by Deputy Minister for Development Yiannis Tsakiris in Luxembourg on Monday.
Greek plan a hard sell to EU
The utilization of the loans Greece will receive via the Next Generation EU fund, amounting to 12.7 billion euros, for the financing of private investments is proving one of the hardest fields of negotiation for the approval of the Greek recovery plan, as talks are ongoing.
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