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    Signature(s)

    Amount
    € 600,000,000
    Countries
    Sector(s)
    Greece : € 600,000,000
    Solid waste : € 23,997,600
    Telecom : € 30,000,000
    Water, sewerage : € 30,002,400
    Health : € 48,000,000
    Energy : € 54,000,000
    Transport : € 60,000,000
    Composite infrastructure : € 78,000,000
    Education : € 132,000,000
    Services : € 144,000,000
    Signature date(s)
    24/01/2023 : € 23,997,600
    24/01/2023 : € 30,000,000
    24/01/2023 : € 30,002,400
    24/01/2023 : € 48,000,000
    24/01/2023 : € 54,000,000
    24/01/2023 : € 60,000,000
    24/01/2023 : € 78,000,000
    24/01/2023 : € 132,000,000
    24/01/2023 : € 144,000,000

    Summary sheet

    Release date
    23 September 2022
    Status
    Reference
    Signed | 24/01/2023
    20220223
    Project name
    Promoter - financial intermediary
    EU FUNDS CO-FINANCING 2021-2027 (GR)
    HELLENIC REPUBLIC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 600 million
    EUR 23219 million
    Location
    Sector(s)
    Description
    Objectives

    Co-financing of priority investments in the Hellenic Republic in the 2021-2027 programming period.

    The project will support, through national contribution co-financing, priority multi-sector investments under the Greek Partnership Agreement 2021-2027. The Partnership Agreement lays out the strategy to be addressed via the Cohesion Policy Funds and the European Maritime Fisheries and Aquaculture Fund (EMFAF) for the 13 regional Operational Programmes (OPs) and 9 sectoral OPs. The project includes the Just Transition Fund and covers the entire country of Greece.

    Environmental aspects
    Procurement

    The project aims at supporting key EU priorities such as the green and digital transition and contributing to develop a competitive, innovative and export-oriented growth model for the country. The results of such investments under these priorities will include for example reduced emissions, increased adaptability to climate change, the protection of biodiversity and the environment. Socially, the investments target socio-economic inclusion of marginalised groups, active inclusion, equality of access to services etc. In addition, the Just Transition investments will foster solidarity in the drive towards climate neutrality, enabling regions and people to address the social, employment, economic and environmental impacts of achieving the Union's 2030 energy and climate targets and the transition to a climate-neutral economy of the Union by 2050 under the Paris Agreement.

    The Bank will require the promoter to ensure that contracts for implementation of the project have been or will be (as the case may be) tendered in accordance with the applicable EU procurement legislation: Directive 2014/23/EU / 2014/24/EU / 2014/25/EU, as well as Directive 92/13/EEC or 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 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).

    Documents

    Environmental and Social Data Sheet (ESDS) - EU FUNDS CO-FINANCING 2021-2027 (GR)
    Publication Date
    26 Nov 2022
    Document language
    Main Topic
    Lending
    Document Number
    158253698
    Document Focus
    Environmental Information
    Project Number
    20220223
    Regions
    Countries
    Publicly available
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