OREANDA-NEWS. August 31, 2015. As part of exceptional measures in support of the Greek economic recovery, the EIB signed today a EUR 1 billion loan to Greece for the co-financing of projects which also receive funding from EU structural funds over the 2014-2020 period.

"The EU Bank confirms its significant commitment to Greece’s economy. We remained active and strengthened our role in the country throughout the crisis. In the past weeks we worked hard to accelerate the conclusion of this loan in the interest of contributing to the economy at this very difficult time for the Greek people”, said Werner Hoyer, President of the EIB.

Since the beginning of the crisis, the EIB provided loans of over EUR 11 billion for projects in the country.