Thessaloniki gets ready for its metro launch in November
The underground rapid transit lines have been under construction for almost two decades due to various project delays
The EIB is providing the Greek government with 500 million euros to help SMEs
The Greek government, headed by Prime Minister Mitsotakis, signed an agreement with the European Investment Bank (EIB) for the provision of 500 million euros aimed to support small and medium-sized businesses across the country.
The investment programme was officially launched in March by the Prime Minister and the president of the EIB Andrew McDowell in Athens.
Small and medium-sized enterprises are the backbone of every country’s economy. Following the 2008 financial crisis, however, Greek SMEs have been struggling to keep their balance and rise from the ashes.
The investment scheme sponsored by the EIB is aimed at precisely that problem. By providing funding, the EU bank wants to ensure that businesses will be able to thrive and enhance their competitiveness, thus fostering a stronger and greater atmosphere of entrepreneurship in the country. The scheme is meant to address the financial gap that has so far been stopping many companies from hiring new personnel and thus generating more revenue.
“Improving access to finance is crucial to enable Greek companies to innovate and grow. The European Investment Bank Group's close cooperation with Greek banks has backed key business investment over recent years and helped to create thousands of jobs. I welcome the new EUR 500 million European Investment Fund scheme launched today that will help companies to accelerate investment in the coming months. This will also help to strengthen resilience to new challenges linked to the coronavirus,” stated Greek PM Kyriakos Mitsotakis, as quoted in the EIB press release.
The European Investment Bank has been a solid partner to Greek governments throughout the years. For example, over the past 4 years, it has provided over 4.7 billion euros in different funding initiatives that have allowed many sectors to remain and become competitive.
The underground rapid transit lines have been under construction for almost two decades due to various project delays
Now you can get your wine in Talence by paying directly in Bitcoin
That’s because the state has to spend money on updating the railway infrastructure rather than subsidizing the cost of the popular pass
Rethinking renewable energy sources for the urban landscape
The examples, compiled by Beyond Fossil Fuels, can inform and inspire communities and entrepreneurs that still feel trepidation at the prospect of energy transition
Now you can get your wine in Talence by paying directly in Bitcoin
The 10th European Conference on Sustainable Cities and Towns (ESCT) sets the stage for stronger cooperation between the EU, national and local level to fast track Europe's transition to climate neutrality.
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
The underground rapid transit lines have been under construction for almost two decades due to various project delays
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
Hostal de Pinós is located in the geographical centre of the autonomous region
Despite its church-y name, the district has long been known as the hangout spot for the artsy crowds
Urban dwellers across the EU are having a say in making their surroundings friendlier to people and the environment.
Forests in the EU can help green the European construction industry and bolster a continent-wide push for architectural improvements.
Apply by 10 November and do your part for the transformation of European public spaces
An interview with the Mayor of a Polish city that seeks to reinvent itself
An interview with the newly elected ICLEI President and Mayor of Malmö
A conversation with the Mayor of Lisbon about the spirit and dimensions of innovation present in the Portuguese capital