Release date: 26 July 2007
Promoter – Financial Intermediary
Emporiki Bank SALocation
Description
Line of credit to support the development of small and medium sized projects developed by local authorities or municipal companies in Greece.
Objectives
Financing of investments of small/medium scale in infrastructure, environmental protection and improvement, energy, health and education, urban renewal, communication and other eligible sectors.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All investments financed under the proposed credit line will be required to comply with the relevant legal framework in Greece and to be acceptable in environmental terms to EIB, in line, as appropriate, with EU environmental policy and legislation.
Procurement
EIB’s standard procurement guidelines applicable to credit lines will be applied.
Status
Signed - 21/12/2007
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).