Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 375,000,000
    Countries
    Sector(s)
    Greece : € 375,000,000
    Health : € 54,300,000
    Services : € 320,700,000
    Signature date(s)
    26/01/2021 : € 54,300,000
    26/01/2021 : € 320,700,000

    Summary sheet

    Release date
    27 October 2020
    Status
    Reference
    Signed | 26/01/2021
    20200182
    Project name
    Promoter - financial intermediary
    COVID19 DISASTER PREVENTION & CLIMATE ADAPTATION
    HELLENIC REPUBLIC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 595 million
    EUR 794 million
    Location
    Sector(s)
    • Services - Public administration and defence; compulsory social security
    • Health - Human health and social work activities
    Description
    Objectives

    The project is structured as a framework loan that will completely reshape and strengthen the operational and administrative capabilities of the Civil Protection mechanism in Greece. It will significantly upgrade the effectiveness of its intervention for disaster prevention and preparedness, public health and environmental protection.

    It is envisaged that the project will significantly upgrade the effectiveness of the interventions of the Civil Protection mechanism for disaster prevention and impact minimisation, public health and environmental protection. The proposed investments are a top priority for the Greek Government which has placed much emphasis on civil protection, especially given the devastating natural disasters that hit the country in recent years (deadly flash floods and wildfires in November 2017 and July 2018 respectively). In this regard, a new Civil Protection Law was issued on 4 February 2020, promoting an integrated approach to risk and emergency crisis managements, fire services, and civil protection volunteerism.

    Environmental aspects
    Procurement

    The project comprises a multi-scheme operation classified as a Framework Loan and some of the schemes may eventually fall under Annex I or Annex II of the EIA Directive 2014/52/EU. Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 2009/147/EC), the Bank would require the Promoter to act according to the provisions of the aforementioned Directives as transposed into the national law. It is a requirement that all schemes must be implemented in compliance with EU environmental legislation.

    The Bank will require that the Promoter ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Disclaimer

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

    Documents

    Environmental and Social Data Sheet (ESDS) - COVID19 DISASTER PREVENTION & CLIMATE ADAPTATION
    Publication Date
    29 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    133455572
    Document Focus
    Environmental Information
    Project Number
    20200182
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    Photogallery

    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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.

    Zero tolerance against fraud and corruption

    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.

    Related publications