EIB head talks strategic priorities in Greece

European Investment Bank (EIB) Group President Nadia Calvino visited Athens on Thursday to discuss Europe’s strategic priorities and investments in Greece with Prime Minister Kyriakos Mitsotakis and National Economy and Finance Minister Kostis Hatzidakis.

She also visited the EIB-funded disaster management control room together with Climate Crisis and Civil Protection Minister Vassilis Kikilias.

Discussions focused on strategic priorities in Greece and Europe, including upgrading energy infrastructure, supporting adaptation to climate change, reinforcing security and defense, and mobilizing public and private investment for competitiveness and innovation, as well as sustainable and affordable housing.

During the visit EIB Vice President Ioannis Tsakiris signed the launch of the Decarbonization Fund Cooperation between the EIB, the European Commission and the government on Naxos, in the presence of Mitsotakis.

This fund, expected to mobilize €2 billion from EU carbon-permit proceeds, targets renewable-energy initiatives across Greece’s islands, encouraging the adoption of solar, wind and battery-storage solutions while increasing inter-island connectivity.

The fund also envisions projects to support electric vehicle charging and RES like photovoltaic installations. On Friday Calvino will visit Cyprus.