EIB and Greece successfully conclude the Greek Guarantee Fund Initiative
Greece, July 28 -- The European Investment Bank (EIB) and the Hellenic Republic announce the successful completion of the Greek Guarantee Fund (GGF), a landmark financial initiative that provided crucial support to Greek small and medium-sized enterprises (SMEs) and mid-caps during a period of exceptional economic and political challenges. Launched in 2014, the GGF aimed to enhance access to finance for Greek businesses, stimulate job creation, and contribute to the recovery of the national economy. Over the course of its implementation, the GGF enabled EUR 600 million in EIB financing to more than 800 SMEs and mid-caps across the country.Despite significant macroeconomic headwinds, the GGF helped to safeguard one of the most vital segments...
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