On Thursday 22 December, the European Investment Bank (EIB) launched its €1 billion “Loans for SMEs and MidCaps” credit line to be used by Greek banks for on-lending to companies in Greece.
This money will allow Greek banks to provide loans to small and medium-sized enterprises (SMEs) and companies with average share capital (MidCaps) active in manufacturing, agriculture, tourism, and other sectors. As part of its “Skills and Jobs – Investing for Youth” initiative, the EIB will...