Europa Posted on 2025-08-08 10:41:00

Over 8 billion euros in investments in a decade - EBRD mandate in Greece nears end

From Kristi Ceta

Over 8 billion euros in investments in a decade - EBRD mandate in Greece nears

After a decade of impactful investments worth over €8.3 billion in more than 120 projects, the temporary mandate of the European Bank for Reconstruction and Development (EBRD) in Greece will end in December 2025.

The Bank will continue to approve new investments in the country until the end of this year, but will not undertake new projects after this period. However, the institution will continue to support transactions approved by the Board and manage its portfolio of 2 billion euros in around 80 projects. The regional office in Athens will remain open until the end of 2027.

The EBRD's temporary engagement in Greece began in 2015, at the request of the Greek authorities and with the approval of the Bank's Board of Governors. The aim was to help the country recover from a deep economic crisis and achieve sustainable growth through private sector-led investment and targeted technical assistance.

The mandate was initially scheduled to end in 2020, but in 2018, EBRD shareholders agreed to extend it for another five years, until the end of 2025.

During this period, the bank used its expertise to attract domestic and foreign investment, support the private sector and deepen regional integration. It also played a key role in increasing the competitiveness of Greek companies, fostering innovation and accelerating the green transition.

The EBRD's cooperation with the Greek government under a preparatory program for public-private partnerships (PPP) will continue beyond 2025, until December 2027. This program aims to create a portfolio of projects in social infrastructure (education and health), sustainable urban infrastructure, and water and waste management.

The Bank will also continue to work with Greek companies on projects in all the economies where the EBRD operates, supporting their international expansion. This is expected to bring benefits to the Greek economy through increased exports, demand in the supply chain and opportunities for reinvestment.

More than a third of EBRD investments in Greece have been in the financial sector, supporting transactions such as the resolution of non-performing loans, trade finance and the recapitalization of the country's four systemic banks.

 

Shqipëria 2025-08-08 Edel Strazimiri

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