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More press releases
EIB and Greece successfully conclude the Greek Guarantee Fund Initiative
The European Investment Bank (EIB) and the Hellenic Republic announce the successful completion of the Greek Guarantee Fund (GGF), a landmark financial initiative that provided crucial support to Greek small and medium-sized enterprises (SMEs) and mid-caps during a period of exceptional economic and political challenges. Launched in 2014, the GGF aimed to enhance access to finance for Greek businesses, stimulate job creation, and contribute to the recovery of the national economy. Over the course of its implementation, the GGF enabled EUR 600 million in EIB financing to more than 800 SMEs and mid-caps across the country.
Greece: EIB supports foodtech innovator STIQ with €20 million under InvestEU to scale up AI-powered cloud kitchen platform
The European Investment Bank (EIB) is investing €20 million in STIQ, a fast-growing Greek foodtech company pioneering AI-powered cloud kitchen technology. The financing, backed by the InvestEU programme, will support the company’s R&D, digital innovation and international expansion, helping transform the future of food delivery in Europe through smarter, more sustainable and scalable operations.
Italy: EIB and Banca Ifis provide €200 million in financing to back Italian pharmacies, with a focus on female entrepreneurs and cohesion
The European Investment Bank (EIB) and Banca Ifis have signed a €200 million agreement to back the development of pharmacies in Italy, with a particular focus on female entrepreneurs and cohesion. The signature was announced today by EIB Vice-President Gelsomina Vigliotti and Banca Ifis Vice-President Rosalba Benedetto.