European Investment Bank

BELGRADE - The European Investment Bank (EIB) and the Serbian government on Monday signed a financial contract on the upgrading of judiciary buildings.

It was signed by Serbian Minister of Finance Dusan Vujovic and EIB VP Dario Scannapieco, after Scannapieco's meeting with Serbian PM Aleksandar Vucic, the EIB said in a statement.

BELGRADE - Serbian PM Aleksandar Vucic on Monday spoke with European Investment Bank (EIB) Vice-President Dario Scannapieco, who praised the very good results of the Serbian government's economic policy, expressing readiness on behalf of the EIB to fully support the further reform process in Serbia.

The Head of the European Commission Representation in Bulgaria Ognyan Zlatev announced that an additional EUR 600 M in credit have been provided for small and medium-size enterprises in Bulgaria under a joint project of the European Union, the Bulgarian government and the European Investment Bank.

National Bank of Greece signed an agreement with the European Investment Bank, the European Bank for Reconstruction and Development and the European Investment Fund on Monday for the supply of 300 million euros aimed at supporting Greek enterprises, based on the participation of the EIB, the EBRD andthe EIF in a securitization transaction executed by NBG two months ago.

The European Investment Fund (EIF) signed a deal on Monday to provide Greece's Eurobank with 230 million euros of loan guarantees to support small and medium-sized businesses and help the economy.

Giorgos Stasinos, president of the Technical Chamber of Greece (TEE), will launch an event at the chamber on Thursday morning titled "Financial Instruments for the Greek Market," with the participation of leading European Commission and European Investment Bank officials, along with Interior Minister Panayiotis Kouroublis.

In personal crises, people often lose the ability to think, hampering their chances of overcoming the challenges before them. Something similar happens to economies. When crisis hits, countries suffer a brain drain of many of their most qualified workers.

Europe needs a new model of economic development that will be “fairer, more social and more participatory”, Finance Minister Euclid Tsakalotos said during a keynote speech at an event organized by the European Investment Bank (EIB) in Luxembourg on Wednesday.

The long-awaited tender for the construction of Line 4 of the Athens Metro is set to take place in early 2017, authorities said Monday.

The extension will link the densely populated suburbs of Galatsi, Kypseli, Kaisariani and Zografou to the other three lines of the metro network.

The European Investment Bank (EIB) has said it has approved EUR 7.3 B in loans for investment across Europe and around the world.

At a meeting in Malta's capital Valetta, its Board of Directors gave the green light for the funding to be allocated to strategic infrastructure, the environmental and knowledge economy as well as private sector schemes.