Piraeus Bank, EIB agree 100 million euros of funding for Greek defence industry

Core Viewpoint - The European Investment Bank (EIB) and Greece's Piraeus Bank have signed an agreement to provide funding aimed at supporting small- and medium-sized enterprises (SMEs) in Greece, with a total funding amount of up to 100 million euros (approximately $116 million) [1] Group 1 - The agreement is part of the EIB's broader strategy to enhance access to finance for SMEs in the EU [1] - The funding will specifically target small- and medium-sized enterprises, which are crucial for economic growth and job creation in Greece [1] - This initiative reflects the EIB's commitment to supporting the recovery and resilience of the Greek economy post-pandemic [1]