The president of the European Investment Bank (EIB), Nadia Calviño, will have meetings in Athens on Thursday, November 21 with the Greek government regarding new investment initiatives to support the country’s economy. Mrs. Calviño’s first official visit to Greece, in her capacity as president of the EIB Group, includes meetings with the Prime Minister, Mr. Kyriakos Mitsotakis, and the Minister of National Economy and Finance, Mr. Kostis Hatzidakis, in order to discuss common priorities that will strengthen economic resilience and sustainable development. .

She is also expected to visit the Ministry of Climate Crisis and Civil Protection, where the relevant Minister, Mr. Vassilis Kikilias, will give her a tour of the business management center, which was partially financed by the EIB

As ETP reports in its information note, ETP Group’s latest agreements in Greece include support for the modernization of water management and transport infrastructure. Key priorities for the future include affordable and sustainable housing, climate action and energy investment, as well as facilitating access to finance for small and medium-sized enterprises. The EIB has invested nearly €50 billion in the country since 1963, promoting economic growth and social cohesion and improving the lives of citizens.

During the president’s visit, EIB Vice-President Yiannis Tsakiris will visit Naxos to sign the launch of cooperation between the EIB, the European Commission and Greece for the new Decarbonisation Fund. The event, as mentioned in the information note, will also be attended by the Prime Minister, Mr. Mitsotakis, the Minister of Environment and Energy, Mr. Theodoros Skylakakis, and the Executive Vice-President of the European Commission, Mr. Maroš Šefčovič.

The agreement aims to mobilize over 2 billion euros to accelerate the decarbonisation of the Greek islands. The projects to be supported by the Decarbonisation Fund will cover three main categories: new renewable energy installations, island electricity interconnections and investments to increase renewable energy penetration.