EUR 1.2 Billion Total EIB Lending in Greece in 2003

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BEI/04/23 Luxembourg, 12 March 2004 EUR 1.2 billion total EIB lending in Greece in 2003 In 2003, the European Investment Bank, the European Union’s long-term financing institution, provided a total of some EUR 1.2 billion for projects in Greece. 2003: Lending for a wide range of sectors covering transport, energy, SMEs and urban renewal and development The EIB’s lending covered the traditional sectors of its activity, notably transport and energy (including renewable energy), in addition to human capital, urban renewal and development as well as support of SMEs for a total of EUR 100 million with strong local partners (Alpha and Emporiki). Financing in Greece in 2003 by sector Transport 32% 8% Energy 19% 12% 32% Urban transport and environment 29% 29% Human Capital 12% 19% SMEs 8% Projects signed in 2003: a total of EUR 1.2 billion Project Borrower Amount in EUR m Upgrading of electricity transmission and distribution networks Public Power Corporation 150.0 Study, design, implementation and commissioning of seven wind farms TERNA Energeiaki S.A. located throughout Greece 75.0 Construction of bridge at western end of Gulf of Corinth linking north-west Gefyra SA region of Peloponnese to south-west mainland 130.0 Construction of motorway sections on Egnatia trunk road between Grevena Hellenic Republic and Kouloura 50.0 Construction of motorway section between Megara and Kineta (Attiki) on the Hellenic Republic Patras–Athens–Thessaloniki–Evzoni (PATHE) trunk road 45.0 Construction of motorway section between Igoumenitsa and Panagia on Hellenic Republic western part of Egnatia trunk road 150.0 Construction of two new tram lines in Athens and purchase of rolling stock Tram SA 40.0 Extension of Athens metro network Attiko Metro 300.0 Expansion of Athens Concert Hall Organismos Megarou Mousikis Athinon 150.0 Financing for small and medium-scale ventures or infrastructure schemes Alpha Bank AE 50.0 Financing for small and medium-scale infrastructure schemes Emporiki Bank of Greece SA 50.0 For further information, please contact the Information and Communications Department, Helen Kavvadia, Press Officer, tel.: +352 4379-3146, fax: +352 4379-3188/89, Internet address:http://www.eib.org For all matters relating to procurement, the promoter should be contacted directly. .

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Proceedings Issn 2654-1823
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