Tag Archives: Greece

EIB provides €250 million financing to EYDAP for major Athens water infrastructure upgrades

(IN BRIEF) The European Investment Bank has signed a €250 million financing framework with Athens Water Supply and Sewerage Company (EYDAP) to support a €514 million investment plan modernising water and wastewater services for more than four million Attica residents. … Read the full press release

Deutsche Telekom Unveils Affordable AI-Powered T Phone 3 and T Tablet 2 for Everyday Assistance Across Europe

(IN BRIEF) Deutsche Telekom has launched its AI-phone (T Phone 3) and AI-tablet (T Tablet 2), both powered by the Perplexity Assistant to help users with everyday tasks such as scheduling, translation, travel planning, shopping, and entertainment recommendations. Available from … Read the full press release

EIB and Hellenic Republic Celebrate Completion of Greek Guarantee Fund Supporting Over 800 Businesses

(IN BRIEF) The European Investment Bank (EIB) and the Hellenic Republic have concluded the Greek Guarantee Fund (GGF), a major financial initiative that has supported over 800 SMEs and mid-cap firms across Greece since its launch in 2014. Despite difficult … Read the full press release

EIB commits additional €500 million to Greek urban sustainability projects

(IN BRIEF) The EIB and Greece’s CDLF have signed a €500 million loan under the Antonis Tritsis urban investment programme, bringing the EIB’s total commitment to €1 billion. The funds will support hundreds of local authority projects—ranging from water and … Read the full press release

EBRD and ProCredit Bank Bulgaria Sign €14 Million InvestEU Deal to Expand Green Loans in Bulgaria and Greece

(IN BRIEF) The EBRD has signed a €14 million portfolio guarantee agreement with ProCredit Bank Bulgaria under the EU’s InvestEU programme, enabling the bank to offer more green loans to businesses in Bulgaria and Greece. This risk-sharing facility will support … Read the full press release

Holcim Launches OLYMPUS Project in Greece, Advancing Europe’s Clean Industrial Deal with Carbon Capture Technology

(IN BRIEF) Holcim has officially launched the OLYMPUS project at its Milaki plant in Greece, aiming to produce 2 million tons of near-zero cement annually starting in 2029. With a EUR 400 million investment, the project is supported by a … Read the full press release

Valio Partners in PRIMARY Project to Explore Grass Biorefineries and Sustainable Solutions for the Agricultural Sector

(IN BRIEF) Valio is a key partner in the EU-funded PRIMARY project, which aims to transform agricultural by-products into valuable resources. As part of the project, Valio is exploring grass biorefinery innovations, including using grass juice to fortify feed protein … Read the full press release

Swisscom Introduces Affordable New Roaming Packages with Savings of up to 66% for Global Travel

(IN BRIEF) Swisscom is launching new, affordable roaming packages starting 1 June 2025, with data options as low as CHF 5.90 per GB for over 100 countries, including popular travel destinations like the USA, UK, and Greece. The new country-specific … Read the full press release

Protergia Launches Protergia Picasso to Revolutionize Greece’s Energy Market with Fixed Monthly Payments

(IN BRIEF) Protergia, Greece’s largest private energy provider, has launched Protergia Picasso, a game-changing electricity product offering consumers the ability to pay a fixed monthly rate for their electricity bill over a year. This new product reflects Protergia’s rebranding around … Read the full press release

Transforming University Campuses: €95 Million Boost for Green Student Housing and Modern Academic Facilities

(IN BRIEF) The University of Crete is set to undergo a significant expansion and upgrade of its student housing and academic facilities through a €95 million financing deal from the European Investment Bank (EIB), under a pioneering Public-Private Partnership with … Read the full press release

EIB Group Contributes €2.2 Billion in Financing to Greece in 2024, Focusing on Energy, Business Growth, and Disaster Management

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release

VINCI Highways Expands Innovative Predictive Maintenance System to Patras Bypass Tunnels

(IN BRIEF) VINCI Highways, along with its Greek partners Avax, Aktor, and GEK Terna, has introduced its innovative predictive maintenance system to four tunnels on the Patras Bypass as part of a broader initiative to implement this technology across the … Read the full press release

EIB Advises Greek Regions on Green Transition and Lignite Phase-Out with €2.75 Million Fund

(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release

METLEN Partners with HSGME to Enhance Raw Material Security and Sustainability for Aluminium of Greece

(IN BRIEF) METLEN and HSGME have launched a partnership to improve raw material supply security for Aluminium of Greece, focusing on sustainable mining practices and advanced technologies like AI to optimize exploration. The collaboration will promote local economic growth, responsible … Read the full press release

Alterric Partners with Nordex Group for 56 MW Chalkidiki Wind Farm, Marking First Deployment of N175/6.X Turbines in Greece

(IN BRIEF) Alterric, a major renewable energy producer, has partnered with the Nordex Group to install nine N175/6.X wind turbines at the 56 MW Chalkidiki wind farm in northern Greece. This project marks the first use of Nordex’s N175/6.X turbines … Read the full press release

IPTO Joins ENCS to Strengthen Cybersecurity in Greece’s Power Grid

(IN BRIEF) The Independent Power Transmission Operator (IPTO) of Greece has joined the European Network for Cyber Security (ENCS) as a full member. This partnership will allow IPTO to contribute to ENCS’s cybersecurity strategies and benefit from its expertise in … Read the full press release

European Research Collaboration by Merck and Intel Pioneers AI-Driven Sustainability in Semiconductor Manufacturing

(IN BRIEF) Merck and Intel have launched a collaborative academic research initiative in Europe, bringing together eleven institutions from six countries. The program focuses on using Artificial Intelligence (AI) to make semiconductor manufacturing more sustainable, with research projects dedicated to … Read the full press release

Vodafone Connects Crete to Global Network with New IEX Subsea Cable Landing

(IN BRIEF) Vodafone Greece has linked Crete to the India-Europe-Xpress (IEX) subsea cable system via a new landing station in Tympaki, creating a new route for data traffic that strengthens connectivity and resilience on the island. Part of a broader … Read the full press release

Angelicoussis Group’s Maran Tankers Taps GTT for LNG Dual-Fuel Suezmax Fleet Support, Strengthening Sustainable Maritime Operations

(IN BRIEF) GTT has entered into a technical services contract with Maran Tankers, part of the Angelicoussis Group, to support its upcoming fleet of eight LNG dual-fuel Suezmax vessels, which were ordered in 2023 from New Times Shipyard in China. … Read the full press release

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release