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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Greece : € 20,000,000
    Urban development : € 20,000,000
    Signature date(s)
    5/06/2007 : € 20,000,000
    Link to source

    Summary sheet

    Release date
    18 May 2006
    Status
    Reference
    Signed | 05/06/2007
    20060198
    Project name
    Promoter - financial intermediary
    Kozani Municipal Infrastructure
    Municipality of Kozani
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Of the order of EUR 20 million
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    The loan will be used for financing investments covering a variety of sub-projects in municipal infrastructure, including water supply, sewerage treatment, district heating and the eligible schemes within the Kozani alternate urban planning zone.

    The schemes reflect prevailing priorities in the municipality's investment programme designed to modernise and extend urban infrastructure and improve the quality of life of its residents. The investments will improve the competitiveness of Kozani as a major regional centre within Greece and the Balkans bringing, as a result, further economic benefits in the future.

    Environmental aspects
    Procurement

    The project should have an overall positive environmental impact. Compliance with all applicable national and EU environmental legislation will be verified during appraisal.

    EU directives are applicable.

    Comments

    Public administration

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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