(IN BRIEF) The Hellenic Republic has entrusted the European Investment Fund (EIF) to manage €200 million from European structural funds and national resources to provide equity financing for Greek startups and SMEs in the life sciences, healthcare, and sustainability sectors. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, EIF, Greece, INNOVATION, Ioannis Tsakiris, Marjut Falkstedt, Nikos Papathanasis, partnership, SMEs, sustainability
(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged CROATIA, Denmark, EIB, EU Blue Champions Program, France, Germany, Greece, GROWTH, Italy, Norway, Ocean Innovators, partnership, PORTUGAL, Spain, sustainability, Sweden
(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Alpha Bank, Eurobank, European Investment Fund, Greece, green economy, Marjut Falkstedt, National Bank of Greece, Nikos Papathanasis, Orestis Kavalakis, partnership, PIRAEUS BANK, SMEs, sustainability
(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, France, Government, Greece, Industrial, Insurance, Investment, Management, News
Tagged acquisition, CNP Assurances, Cyprus, Greece, Hellenic Bank, insurance, partnership
(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology
Tagged ENERGY, Greece, MYTILINEOS, partnership, Powerledger, Protergia, sustainability
(IN BRIEF) With only 100 days until the Paris 2024 Olympic Games, anticipation builds as the Olympic Flame prepares to be ignited in Olympia, Greece. The Flame’s journey to France will commence with a historic ceremony featuring the participation of … Read the full press release
Posted in Business, Entertainment, France, Government, Greece, Industrial, Management, Media, News, Sports
Tagged celebration, Greece, Laure Manaudou, Olympia, Olympic, Olympic flame, Paris 2024, sport, Stefanos Douskos, Tony Estanguet, Torch Relay
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €108.3 million loan to Avis Greece to aid in the electrification of its car fleet. This investment is part of Avis Greece’s initiative to replace internal-combustion-engine vehicles … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andreas Taprantzis, Andreea Moraru, Avis, Charlotte Ruhe, EBRD, Greece, Orestis Kavalakis, partnership, sustainability
(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged agriculture, Bulgaria, CROATIA, EIF, Europe, Greece, Hungary, INOKS Capital, Italy, Latvia, Lithuania, Marjut Falkstedt, Nabil Marc Abdul-Massih, Paolo Gentiloni, partnership, Poland, Romania, Slovakia, Slovenia, SMEs, Spain, sustainability, Switzerland, The Czech Republic
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has revealed the shortlist for the prestigious EBRD Literature Prize, showcasing a diverse array of compelling works from writers across several countries and regions of the Bank’s operation. Selected by … Read the full press release
Posted in Awards, Banks, Business, Financial, Government, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Awards, CROATIA, EBRD, EBRD Literature Prize, Edward Bannerman, Greece, Hungary, Lebanon, Maureen Freely, Maya Jaggi, MOROCCO, Philippe Sands, Romania, The Czech Republic, Türkiye, UKRAINE
(IN BRIEF) Viasat, in partnership with Deutsche Telekom, has expanded its ground network for the European Aviation Network (EAN) to bolster in-flight broadband service in the Eastern Mediterranean Sea region. This expansion, featuring three new ground stations, complements over 300 … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Greece, Industrial, Investment, Management, News, Technology, Telecom, Travel
Tagged Aegean Airlines, Anne Geelen, Deutsche Telekom, Dimitris Gerogiannis, Greece, in-flight connectivity, partnership, Rolf Nafziger, Shameem Hashmi, sustainability, USA, Viasat
(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Science, Small Business, Technology
Tagged Christos Staikouras, Dr. Katerina Kouravelou, EIB, Greece, Kostas Skrekas, Kostis Hatzidakis, Kyriacos Kakouris, partnership, Prof. Xenia Chryssochoou, Research & Innovation, SMEs, sustainability
(IN BRIEF) In a pioneering move for Greece’s road infrastructure, the Rion-Antirrion bridge, operated by Gefyra, a subsidiary of VINCI Highways, unveils a special e-pass exclusively for electric vehicles, effective from February 1st, 2024. As part of VINCI Highways’ commitment … Read the full press release
(IN BRIEF) RWE and PPC, in collaboration through their joint venture company Meton Energy S.A., are accelerating Greece’s energy transition by investing in solar projects with a collective capacity of nearly 1 gigawatt. The final investment decision has been made … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Costas Papamantellos, energy transition, Greece, Katja Wünschel, Konstantinos Mavros, Meton Energy S.A., partnership, PPC, RWE, solar projects, sustainability
(IN BRIEF) Sunlight, a prominent battery manufacturer and member of the Olympia Group, has secured a €25 million loan from the European Investment Bank (EIB) to bolster its lithium battery production capacity at its cutting-edge facility in Xanthi, Greece. With … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Greece, Kyriacos Kakouris, Lampros Bisalas, Lithium Battery Production, Olympia Group, partnership, sunlight, sustainability
(IN BRIEF) The Athens-Patras highway, part of VINCI Highways’ network, has become Greece’s first smart highway to implement adaptive lighting. This innovative system adjusts lighting intensity based on traffic conditions and driving quality, enhancing safety and energy efficiency. The technology … Read the full press release
Posted in Construction, Environment, Greece, Industrial, Infrastructure & Utilities, Technology
Tagged adaptive lighting system, Athens-Patras Highway, Environmental awards, Ex Machina, EXM, Extrabit, Greece, highway lighting, Invision AI, LED lights, National Technical University of Athens, NTUA, smart lighting system, VINCI Highways
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Greece, Luxembourg, Technology
Tagged EIB, electricity smart meters, energy distribution, energy transition, Greece, HEDNO, Hellenic Electricity Distribution Network Operator, Mr Anastasios Manos, renewable energy, The European Investment Bank, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) and Veridos Matsoukis, a secure identity document printer, have agreed on a €10.5 million 10-year loan to expand Greece’s capacity to produce secure passports, identity cards, and official documents. This investment project, totaling … Read the full press release
Posted in Banks, European Union, Financial, Government, Greece, Security & Safety
Tagged Dimitris Matsoukis, EIB, EIB financing, European Investment Bank, European security, Greece, identity cards, Marc-Julian Siewert, official documents, passports, secure ID documents, secure identity documents, SESI initiative, Veridos Matsoukis, Werner Hoyer
(IN BRIEF) HELLENiQ ENERGY’s subsidiary, HELLENiQ Renewables, has signed a financing framework agreement of up to €766 million with National Bank of Greece S.A. and Eurobank S.A. The agreement aims to implement multiple financing arrangements for electricity generation from Renewable … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Eurobank, Greece, HELLENiQ ENERGY, HELLENiQ Renewables, Konstantinos Vassiliou, National Bank of Greece, partnership, renewable energy, sustainability, Vassilis Karamouzis
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €56 million in Eldorado Gold Corporation to support the development of the Skouries copper and gold mine in Greece. The investment aims to foster a sustainable and inclusive … Read the full press release
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