BUSINESS

EIB agrees with Eurobank on new loan for SMEs

TAGS: Banking, Finance, Business

The European Investment Bank (EIB) and Eurobank signed a new loan agreement on Thursday amounting to 150 million euros for the funding of select investment projects by small and medium-size enterprises and mid-cap companies in Greece.

This credit line will allow for the funding of enterprises in agriculture, tourism, manufacturing, services and other sectors through investment loans and liquidity assistance.

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