Emporiki Infrastructure Credit Line

Promoter – Financial Intermediary

Emporiki Bank SA

Location

• Greece

Description

Line of credit to support the development of small and medium sized projects developed by local authorities or municipal companies in Greece.

Objectives

Financing of investments of small/medium scale in infrastructure, environmental protection and improvement, energy, health and education, urban renewal, communication and other eligible sectors.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

All investments financed under the proposed credit line will be required to comply with the relevant legal framework in Greece and to be acceptable in environmental terms to EIB, in line, as appropriate, with EU environmental policy and legislation.

Procurement

EIB’s standard procurement guidelines applicable to credit lines will be applied.

Status

Signed - 21/12/2007