More European investments for Spain and Greece

July 31, 2018

Hat: More European investments for Spain and Greece

Funding Scheme: 2018-07-31

Pgm2014 2020: Yes

Amorce:

Small and medium-sized enterprises in Spain and Greece will benefit from new funding worth €700 million.

Text:

The European Investment Bank (EIB) has signed two financing agreements for small and medium-sized enterprises, with support from the Juncker Plan’s European Strategic Investment Fund (ESFI).

In Greece, the EIB and the National Bank of Greece (BNG) are financing 200 million euro through a private placement of covered bonds. In Spain, the EIB will contribute to a 250 million euro loan portfolio in favour of companies with Banco Stantander for a 500 million euro financing.

Url description: Press room - European Commission

Url: https://ec.europa.eu/commission/news/investment-plan-europe-eib-and-santander-provide-eur-500-million-finance-smes-2018-jul-31_en