EIB to Offer 200 Mln Euros for the Support of Infrastructure on the Greek Islands and in Evros

March 6, 2020

The European Investment Bank will offer 200 million euros to Greece for the support of infrastructure works due to the recent developments on the islands of the northeastern Aegean and in Evros, stated Migration and Asylum Minister Notis Mitarachi and EIB Vice President Andrew McDowell after the conclusion of their meeting on Friday.

The financial support will be channeled to the sectors of health, sanitation and water supply as well as to other sectors of vital importance.

Additionally in the EIB plans to extend the financial support programme for regions affected by the crisis, which currently finances enterprises outside EU in the countries of southeastern Mediterranean, namely Greece, Cyprus and Bulgaria.

There will be business loan programmes via the EIB framework, so as to give a boost throught the Greek banks to the northeastern Aegean islands and Evros which are bearing an especially heavy burden in the last period, Mitarachi said.


BRUSSELS — Euro finance chiefs on Monday engaged in a high-wire political balancing act prompted by conflicting economic forces: a weaker growth outlook and stronger inflation.

Top Stories

United States

I’ve only ‘met’ Zaferios G Caragianades once in the pages of history.


Ambassador Dimitrios Tsikouris (JD, MA) has a 36-year-long career in the Greek Diplomatic Service with assignments in Germany, the United Nations, New Orleans, Washington, DC, NATO Defense College in Rome, Italy, Iran, Belgium, Indonesia, Malaysia, and ASEAN.


ATHENS – Growing violence on Greek campuses will be dealt with, Prime Minister Kyriakos Mitsotakis said in a pledge to root out offenders who are allowed to stay in school despite causing problems.


Jill Biden: I Didn’t Expect “Healing Role” as First Lady

LAS VEGAS — Her husband campaigned to help unite the country, but Jill Biden says "healing" a nation wounded by a deadly pandemic, natural and other disasters and deep political polarization is among her chief roles as first lady, too.