Thursday August 28, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece signs MoU with EIB for growth fund contribution

Greece signed a Memorandum of Understanding with the European Investment Bank Group (EIB) on Tuesday regarding the latter’s contribution to the soon-to-be established Institution for Growth in Greece, IFG.

The IFG aims to promote growth, innovation and the creation of jobs through short and long-term debt and equity capital to small and medium-sized enterprises in Greece, as well as a number of infrastructure projects.

The agreement was signed by Development Minister Costis Hatzidakis and EIB President Werner Hoyer in the presence of Greek Finance Minister Yannis Stournaras.

“This agreement underpins our strong commitment to Greece,” noted Hoyer. “As the EU bank, we are natural partners in the country’s recovery efforts, for which we provide continuous and effective support. We are determined to enhance our cooperation with the Hellenic Republic, other European development finance institutions and private investors in further assisting recovery in Greece. Our cooperation, based on our comparative advantages, will help to avoid duplication of resources and maximise the impact for the benefit of the Greek citizens.”

Germany’s state-owned KfW bank is set to contribute 100 million euros to the institute following an agreement signed earlier this month, while the Onassis Foundation has also pledged 30 million euros to the new fund.

ekathimerini.com , Tuesday April 29, 2014 (12:33)  
Less property tax in the future, says finance minister
New development bank mulled
Bridge on Tripoli-Kalamata highway nears completion
Greece likely to miss Eurostat deadline for reassessed figures
Minister sees no need for university dismissals
Education Minister Andreas Loverdos indicated on Wednesday that he would go against government policy and refuse to fire any university administrative staff. Loverdos said that an evaluation...
Visitor numbers to Greece´s most important sites and museums grow
Culture Ministry figures indicate a significant increase in visitors to some of the country’s 38 most important archaeological sites and museums in the second quarter of this year, an improv...
Inside News
SOCCER
Ranieri brings in new faces for his first Greece squad
New Greece coach Claudio Ranieri announced Wednesday a 24-man squad for the first Euro 2016 qualifier against Romania at home on September 7. Earning a first time call up were Olympiakos 21-...
SOCCER
Roma signs Greece defender Manolas from Olympiakos for 13 mln
Greece international Kostas Manolas has joined Roma on a €13 million ($17 million) transfer from Olympiakos, as coach Rudi Garcia looks to strengthen his worrisome defense before Serie A sta...
Inside Sports
COMMENTARY
Diplomacy, not dogmatism
A friend who moves comfortably within the circles of the European establishment recently described a particularly interesting experience when he found himself in a discussion behind closed d...
EDITORIAL
Preachers of hatred
Engaging in public dialogue regarding whether the anti-racism bill is mandatory and sensible is both legitimate and necessary at this current point in time. In the meantime, however, regardl...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Less property tax in the future, says finance minister
2. Minister sees no need for university dismissals
3. New development bank mulled
4. Visitor numbers to Greece´s most important sites and museums grow
5. Coalition leaders brief ministers on strategy for troika talks
6. Jailed terrorist was preparing bomb, police say
more news
Today
This Week
1. ND gains one deputy as ousted MP sworn in Lamia mayor
2. Draghi soothes bond market after summer of strife
3. Ryanair to submit bid for Cyprus Airways
4. Venizelos hails Gaza ceasefire
5. ND honorary president taken to hospital
6. Bishop Vartholomaios of Megara and Salamina dies
Today
This Week
1. Brussels warns Greece over plans to allow construction near Korinos beach
2. Logged out of reality
3. Merkel cites euro’s ‘construction flaws’ as economy sputters
4. Attack on gay couple in Athens leaves one man needing surgery
5. Second man held over double murder in Mani
6. Purification rituals
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.