Eurobank is the first systemic bank to receive approval from the Ministry of Finance for the disbursement of the seventh (7th) tranche of the Recovery and Resilience Facility, up to 300 million euros, having met the conditions, based on the agreement it signed with the Greek State, as currently applicable.
In the two years since the launch of the programme, Eurobank has managed funds of up to €1.9 billion through the MRR and financed investments by companies of all scales operating in Greece.
With the aim of consolidating the sustainable development of the Greek economy, the Bank is already participating in the financing of 76 investment projects, with a total budget of 5.7 billion euros in the country, using funds of 1.5 billion euros through the MRR and 1.1 billion through loans that it granted in parallel for specific investment projects, contributing to economic development and supporting employment in Greece.
In excellent cooperation with the Greek State and the Ministry of Economy and National Finance which support the MRR, Eurobank places emphasis on the use of the MRR resources by the national business community and makes available to all its corporate clients the many years of experience and know-how of its specialized staff.
Focusing on the “green” and “digital” orientation of the RRM and on strengthening the extroversion of Greek entrepreneurship, the Bank immediately starts distributing the 7th tranche. The resources available under the programme are channelled to a large number of companies in different sectors:
-Renewable Energy Sources (RES) for the construction of Photovoltaic Parks, among others, in former lignite producing areas.
– Electrokinesis and microkinesis.
-Updates of telecommunications and fiber optic networks.
-Wholesale.
– Retail trade.
-Production of batteries and accumulators.
– Tourism.
-Pharmaceutical industry.
– Food and beverage industry.
– Provision of electronic services.
The Loan Programme is implemented within the framework of the National Recovery and Resilience Facility “Greece 2.0” with funding from the European Union – NextGenerationEU.